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Soft TurboTax Sales Sink Intuit

Stock quotes in this article: INTU , MSFT , HRB  

Shares of Intuit(INTU Quote) are taking a beating after the maker of tax-preparation software announced disappointing sales figures for TurboTax.

In recent trading Thursday, the stock was off $2.50 a share, or 8.3%, to $27.50 on heavy volume.

With about one-third of the tax season left, sales of Intuit's flagship TurboTax program are up just 1% year over year. ...

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