Intuit stock price slips as QuickBooks taps Affirm for pay-over-time invoices
Intuit shares fell 1.5% to $491.57 after announcing a multi-year deal making Affirm the exclusive pay-over-time option in QuickBooks Payments. Affirm stock rose 3.2%. Intuit also disclosed a $5.8 billion revolving credit facility with JPMorgan for early tax refund advances. Investors await Intuit’s Feb. 26 earnings report for updates on tax season and payments.