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H&R Block, Intuit Stocks Slump
H&R Block, Intuit Stocks Slump as Trump's 'DOGE' Leaders Mull Free Tax-Filing App
Shares of tax prep companies H&R Block and Intuit dropped Tuesday following a report the incoming Trump administration is considering creating a mobile app for users to file their taxes for free.
H&R Block, Intuit drop on report that Musk's DOGE may develop a tax app
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.
Elon Musk's reported DOGE plan for a free tax filing app hits H&R Block and Intuit stock
H&R Block and Intuit combined generate roughly $9 billion in annual revenues from their tax preparation services.
H&R Block, Intuit stocks fall on news of a potential free tax-filing app by Trump transition team
Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the company's stock price fell nearly 7%. H&R Block was down 8% and on pace for its worst day since 2020.
Intuit Stock Tumbles As Elon Musk's DOGE Commission Eyes Simple Tax-Filing App
Intuit stock fell on a report that the Trump administration is considering a plan to create a mobile app for filing taxes.
Intuit and H&R Block stocks tank because Elon Musk's DOGE wants to simplify tax filing
Tax prep company stocks are falling as Elon Musk’s “Department of Government Efficiency” (DOGE) reportedly has its sights locked on simplifying the tax code — and helping Americans file for free.
Intuit and H&R Block Fall on Report of ‘DOGE’ Interest in Tax App
Intuit Inc. and H&R Block Inc. shares fell on Tuesday, after the Washington Post reported that the leaders of President-elect Donald Trump’s “Department of Government Efficiency” discussed creating a new way for Americans to file their taxes.
1h
Intuit selloff on media report unwarranted, says Jefferies
Jefferies believes the selloff in Intuit (INTU) shares following a Washington Post report of a potential Internal Revenue Service mobile tax ...
6h
What's Going On With Intuit Shares Tuesday?
Intuit Inc. (NASDAQ:INTU) shares are moving lower on Tuesday. The stock may be reacting to reports suggesting the "Department ...
4h
Trump's DOGE considers tax app. Intuit, H&R Block shares sink.
Tax-filing services Intuit (INTU) and H&R Block (HRB) are seeing their respective stocks take a hit after President-elect Donald Trump's proposed Department of Government Efficiency (DOGE) is ...
Seeking Alpha
6d
What To Expect Before Intuit's Earnings
Last week, I was reviewing insider trades from InsideArbitrage for new activity. By chance, one idea came to mind:
Intuit
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Elon Musk
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