Intuit is trading 4.5% higher at $349.70 as investors favor technology and growth stocks following softer-than-expected July producer-price data.
- Reuters reported that technology stocks helped lift the S&P 500.
- Lower oil prices and reduced rate-hike expectations improved risk appetite.
- No clear company-specific catalyst directly explains the move; Intuit’s fiscal 2026 results are scheduled for August 25.