Intuit Could Swing By $8.94 Billion After Earnings
The options market is predicting a potentially volatile post-earnings reaction for software names Intuit Inc. and Zoom Communications, with large implied moves and market values at stake. Analysts hold a mixed view, but investor sentiment could hinge on forward guidance.
Intuit's stock price might move a lot in either direction after it announces its earnings, because traders are betting on big swings. When a company's future plan (called guidance) comes out, people's feelings about it will probably decide whether the stock goes up or down.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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