Intuit’s Holiday Season
February 21st, 2010
| Category: Economy
Unlike most taxpayers, Intuit loves tax season, and for good reason.The maker of Turbo Tax saw its shares surge Friday morning after posting better-than-expected fiscal second-quarter earnings after the closing bell Thursday. Nearly 10 million shares of Intuit ( INTU - news - people ) were in play Friday, 3.5 times the average trailing three month trading volume, as investors pushed the stock up 7.9% to close at $32.70. Late Thursday, Intuit posted a …
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