INTU is trading at $378.77, down 3.97% in pre-market trading as the stock pulls back following a significant post-earnings rally.
- The company reported Q2 revenue of $4.7 billion (up 17% YoY) and non-GAAP EPS of $4.15, both exceeding analyst expectations.
- The decline likely reflects profit-taking after the stock surged nearly 10% over the previous two trading sessions.
- Broader market sentiment remains cautious, with the S&P 500 and NASDAQ both showing slight declines in early trading.