Market Chatter: H&R Block, Intuit Fall on Report of Federal Tax App Interest

MT Newswires Live

Nov 19, 2024

Shares of H&R Block (HRB) and Intuit (INTU) were down Tuesday morning following a Washington Post report that the leaders of President-elect Donald Trump's "Department of Government Efficiency" have discussed the creation of a mobile app for Americans to file their taxes for free with the IRS, Bloomberg reported.

The Washington Post article cited two people who spoke on the condition of anonymity to describe private conversations.

H&R Block was down 8.1%, while Intuit was down 5.7% at around 10 am ET.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 55.44, Change: -4.91, Percent Change: -8.14

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 55.44, Change: -4.91, Percent Change: -8.14</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0289961442.SGD","symbol_name":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484254989","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484254989","pubTimestamp":1732029009,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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