Why Intuit Stock Rose 12% in June

Intuit (NASDAQ: INTU) shareholders outperformed a rising market last month. Their stock gained 12% in June compared to a 2.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to significant gains for the tax-prep software specialist, which is up over 20% so far in 2021 and has risen over 65% in the past full year.

Image source: Getty Images.

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Source Fool.com