Intuit stock slides 5% after-hours despite Anthropic AI deal as INTU heads into earnings
Intuit shares fell 5.5% to $358.71 in after-hours trading Tuesday after the company announced a multi-year AI partnership with Anthropic. The deal will let mid-market businesses build custom AI agents using Anthropic’s Claude Agent SDK on Intuit’s platform. Investors are awaiting Intuit’s fiscal Q2 results, due Feb. 26. Broader U.S. markets closed higher, with the Nasdaq up 1.05%.