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Barchart
Barchart
Aditya Sarawgi

FOUND: Is intercontinental exchange stock outperforming the nasdaq - You Need To See This

Atlanta-based Intercontinental Exchange, Inc. (ICE) engages in the provision of market infrastructure, data services, and technology solutions for institutions, corporations, and government entities. With a market cap of $98.6 billion, ICE operates through Exchanges, Fixed Income and Data Services, and Mortgage Technology segments.

Companies worth $10 billion or more are generally described as “large-cap stock,” and ICE fits the bill perfectly. Given the company operates as a leading global operator of securities exchanges and clearing houses, its valuation above this mark is unsurprising.

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