Intuit Inc. (INTU) experienced a significant price surge during Thursday's intraday trading session, with its stock soaring approximately 6.33%.
The sharp upward movement appears to be part of a broader recovery trend within the U.S. software sector. Multiple news reports indicated that U.S. software stocks were extending their recovery, with the S&P 500 Software and Services Index rising 1.5%. Other prominent software companies including Atlassian Corp, Zscaler, Datadog, and Workday also posted substantial gains during the same period, suggesting a sector-wide rally rather than company-specific news driving Intuit's performance.
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