Business and tax software maker

Intuit

(INTU) - Get Report

was down 11.3% in early afternoon trade.

Prudential Securities

, citing a

PC Data

report, said sales have been "bleak" for Intuit's

QuickBooks

software. Prudential said it expects Intuit to meet expectations when it reports second-quarter earnings Feb. 20, but it is worried about small-business revenue growth for the third quarter.