Intuit to Acquire AI Startup Sequence as Shares Rise 6.5%
Intuit announced it will acquire AI startup Sequence. Intuit shares rose 6.5% to $330.59.
By Ty RoushIntuit announced Thursday it will acquire artificial-intelligence start-up Sequence, a move that could bolster the QuickBooks maker's growth prospects as its stock heads toward its worst year in three decades.Shares of Intuit rose 6.5% to $330.59, making it the top performer in the Nasda…