Intercontinental Exchange ICE has outperformed the market over the past 15 years by 1.26% on an annualized basis producing an average annual return of 7.34%. Currently, Intercontinental Exchange has a market capitalization of $51.76 billion.
Buying $1000 In ICE: If an investor had bought $1000 of ICE stock 15 years ago, it would be worth $2,874.19 today based on a price of $92.71 for ICE at the time of writing.
Intercontinental Exchange’s Performance Over Last 15 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.