Level 15

Do You Feel Worth Half As Much as Two Months Ago?

Forum|Forum|6 years ago
March 23, 2020
1 reply
10 views

H&R Block (HRB), which was trading around $25 a share in January, dipped below $12 today. We’re in the same business as they are, right? I’m trying to figure out why it has lost so much value. I think the problem is that investors are selling the good along with the bad because they have to meet margin calls. Either that, or it’s a general panic.

Maybe the concern is that DIY-inclined taxpayers will use their rebates to buy computers and tax software. But Intuit shares are down a third, also.

This topic has been closed for replies.

IRonMaN

Level 15

People are locked in their houses these days so how can they go down and sit in a Block office? And with all of their highly trained staff normally working through April 15th and then going back to work at McDonalds on April 16th, who is going to be around filing those returns until July 15th?

Slava Ukraini!

dd4vols

Intuit Community Champion

@IRonMaN"People are locked in their houses these days so how can they go down and sit in a Block office? And with all of their highly trained staff normally working through April 15th and then going back to work at McDonalds on April 16th, who is going to be around filing those returns until July 15th?

TV has Emmys.... Broadway has Tonys… If this board had Intuitys, I would certainly nominate this post. One of the best in all my years here..

If an answer solves your issue, click on the "Mark as Best Answer" button! Makes it easier for people to find answers to similar questions that have already been posted.

IRonMaN

Level 15

I’m so honored to win this award. I would like to thank all of the people that made this possible starting with my kindergarten teacher Miss Hoffman ................

By the way, how much time am I allotted for my speech?

Slava Ukraini!

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