Market Overview

Intuit Attempts To End 6-Day Skid

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Intuit Inc. (NASDAQ: INTU) shares are trading higher by $0.32 at $115.94 in Friday's session. It's attempting to end a six-day losing streak that has taken the stock from its March 22 close ($121.12) to $115.30 earlier in today's session.

Going back a bit longer, the stock has been lower in lower in nine of its last 10 sessions, with the one outlier being a gain of only $0.07 on March 22. During that time span, it has declined from the March 15 close of $124.35.

After a flat open, it found support just under Thursday's low ($115.43) at $115.30 and began to move higher. So far, the rally has stalled at $116.39 and is struggling to remain in the $116.00 handle.

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