Here’s How Much You Would Have Made Owning Intercontinental Exchange Stock In The Last 15 Years
Benzinga Insights 17 hours ago
Trading IdeasNews
Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 1.12% on an annualized basis producing an average annual return of 13.63%. Currently, Intercontinental Exchange has a market
Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 1.12% on an annualized basis producing an average annual return of 13.63%. Currently, Intercontinental Exchange has a market capitalization of $97.24 billion.
Buying $100 In ICE: If an investor had bought $100 of ICE stock 15 years ago, it would be worth $673.51 today based on a price of $172.27 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.