Intercontinental (ICE) Shares Rise 8% YTD: More Room to Grow?

Intercontinental Exchange’s (ICE) shares have gained 7.8% year to date, outperforming the industry’s increase of 2.3%, the Finance sector’s rise of 0.8% and the Zacks S&P 500 composite’s rally of 5.2%. With a market capitalization of $79.3 billion, the average volume of shares traded in the last three months was 2.5 million.A compelling portfolio, expansive risk-management services, strategic buyouts, solid balance sheet and effective capital deployment continue to drive ICE’s shares.Earnings of ICE grew 10 ...