H&R Block, Intuit stocks fall on news of a potential free tax-filing app by Trump transition team

By CNBC | Nov 19, 2024 at 01:58 PM EST

Stock prices of H&R Block and Intuit dropped due to reports of a potential free tax-filing app by the Trump transition team. Intuit's TurboTax software was down 5%, while H&R Block fell by 8%. The app could compete with both companies, impacting their market share.

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