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U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Friday.
Shares of Intuit Inc. (NASDAQ:INTU) fell sharply in today's pre-market trading following third-quarter results.
Intuit posted better-than-expected earnings for its third quarter and boosted its full-year outlook. However, the company issued weak earnings guidance for the current quarter.
Intuit's third-quarter revenue increased 12% year-over-year to $6.737 billion, beating the consensus estimate of $6.647 billion. The financial technology platform company reported adjusted earnings of $9.88 per share, beating analyst estimates of $9.37 per share, according to Benzinga Pro.
Intuit shares declined 6.3% to $620.82 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
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