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Intuit acquires Sequence to strengthen AI platform

The Motley Fool +1 · ·by G4L

INTU Intuit Inc
$338.23 -0.96%
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  1. 1Intuit has acquired Sequence, an AI-based revenue management platform.
  2. 2Intuit's stock price rose 6.4% on October 15.
  3. 3Intuit's stock price achieved a 24% increase in October.

So what's the key point?

Intuit purchased Sequence, a company with artificial intelligence technology. Following this news, the stock price rose 6.4%, receiving a positive response from investors.

Source The Motley Fool +1 · View original ↗

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