Intuit's Trading Volume Surges 73% to $1.717 Billion Ranking 62nd Despite Stock Price Drop

On April 3, 2025, Intuit's trading volume reached $1.717 billion, marking a 72.98% increase from the previous day and ranking 62nd in the day's trading volume. However, the stock price of Intuit (INTU) decreased by 3.60%.

Intuit has recently launched the Small Business Growth Council in the UK, an initiative aimed at empowering small businesses through AI and digital adoption. This council targets 25% of UK businesses that lack digital tools, aiming to boost productivity by 2.4 times through AI adoption and influence government policy. The initiative underscores Intuit's commitment to providing small businesses with the tools, resources, and advocacy needed to thrive in the digital economy.

DBS Bank has adjusted its price target for Intuit to $740 from $760, maintaining a buy rating. This adjustment comes amidst a broader market sentiment that has seen Intuit's stock price fluctuate. The council's launch is part of Intuit's broader strategy to champion AI and digital transformation for small businesses, which could potentially drive long-term growth and innovation in the sector.