Economy

“Inuit, AppLovin, and Lululemon Have Crashed More Than 50% in 2026. Are These Stocks Bargains or Busts?”

“Intuit

Software stock Intuit has crashed 56% this year. It’s been a monstrous decline for a company that’s still generating solid numbers. Intuit is known for its finance and accounting software, including QuickBooks and TurboTax, which many professionals and businesses rely on…

Meanwhile, the company is forecasting between 9% and 10% revenue growth for the 2027 fiscal year (it ends next July). Its diluted per-share earnings are expected to rise by at least 22%…”

AppLovin

Tech company AppLovin has seen its shares crash by 59% thus far in 2026. It has followed a similar path to that of Intuit, as AI-related fears have prompted an exodus here as well.

Concerns are that AI will diminish the need for adtech… For now, however, things seem to be going just fine for the company. In the June quarter, AppLovin’s revenue rose by 53%, and profits were up by 55%. The business still sees more growth ahead…”

https://finance.yahoo.com/markets/stocks/articles/inuit-applovin-lululemon-crashed-more-200502863.html

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