Intuit shares are trading higher amid strength in tech stocks. Morgan Stanley also noted BILL Holdings is facing increased competition from the company.
Portfolio Pulse from Benzinga Newsdesk
Intuit shares are trading higher as tech stocks gain strength. Morgan Stanley reports that BILL Holdings is facing increased competition from Intuit.

June 12, 2023 | 5:15 pm
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Intuit shares are trading higher due to strength in tech stocks and increased competition for BILL Holdings.
Intuit shares are trading higher due to the overall strength in tech stocks. Additionally, Morgan Stanley's report on increased competition for BILL Holdings from Intuit is a positive sign for Intuit's market position, which could lead to potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100