🔴 INTU is trading 3.19% down today on AI disruption fears and SaaSpocalypse software trends

INTU is trading at $368.39 (-3.19%) as pre-earnings anxiety grows over generative AI threats to core products like TurboTax and QuickBooks.

• The decline aligns with a broader SaaSpocalypse trend hitting software stocks and a slide from the $380.55 close on February 20.
• Recent AI-related layoffs and a sector rotation away from software are adding pressure ahead of the company's upcoming earnings report.