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Stock Market 2 January 2026

Intuit stock slides as co-founder Scott Cook sells about $101 million in shares, filings show

Intuit stock slides as co-founder Scott Cook sells about $101 million in shares, filings show

Intuit co-founder and director Scott Cook sold 150,000 shares of the TurboTax maker over two days at the end of 2025 for about $100.9 million, regulatory filings showed. The sales by Cook’s family trust were executed under a pre-arranged Rule 10b5-1 plan adopted Sept. 3 and were priced between about $669 and $678 a share, the filings said. Intuit shares were down about 5% at $629.50 in late morning trading on Friday. SEC The disclosure lands as U.S. markets reopen after the New Year’s holiday and investors reset positions for 2026.
2 January 2026
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Stock Market Today

  • Thursday’s Session: Jobs Data, Tech Pullback, Meta Rises on Cloud News
    July 1, 2026, 8:03 PM EDT. Thursday's trading is set for early action as the monthly jobs report comes out ahead of the July 4th break, with economists looking for 115,000 added jobs. Initial jobless claims are seen at 220,000. Tech names that ran up over 150% the past three months-Advanced Micro Devices, Dell, Intel, Micron-are giving up some ground but still beat the Nasdaq-100's 24% gain. Meta Platforms is up almost 9% after news of a new cloud division to sell surplus computing, though the stock is still down 7% for the year and off 23% from its August 2025 high. Traders are watching these moves for signs on where the market heads next.
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