Intuit Stock Tumbles As Elon Musk's DOGE Commission Eyes Simple Tax-Filing App

By Investor's Business Daily | Nov 19, 2024 at 02:21 PM EST

Intuit and H&R Block shares dropped due to talks of a free IRS mobile tax-filing app. The proposal is in early stages and unlikely to materialize soon. Analysts believe the market overreacted to the news and Intuit's stock decline is an overreaction.

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