Share Intercontinental Exchange Inc. drops Wednesday, underperforms market

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Shares of Intercontinental Exchange Inc. ICE,
-0.05%
fell 0.05% to $118.70 on Wednesday in what turned out to be a great trading session for the stock market, with the S&P 500 Index SPX,
+0.13%
up 0.13% to 4,297.50 and the Dow Jones Industrial Average DJIA,
+0.61%
an increase of 0.61% to 34,502.51. This was the third consecutive day of losses for the stock. Intercontinental Exchange Inc. closed $3.27 below the 52-week high ($121.97) the company reached on April 23.

Despite its losses, the stock outperformed some of its competitors on Wednesday, such as CME Group Inc. Cl A CME,
-0.29%
fell 0.29% to $212.68, Nasdaq Inc. NDAQ,
-0.59%
fell 0.59% to $175.80, and Cboe Global Markets Inc. CBOE,
-0.77%
fell 0.77% to $119.05. Actual trading volume (1.8 million) remained 907,294 below the 50-day average volume of 2.7 million.

Editor’s Note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

Sources

1/ https://Google.com/

2/ https://www.marketwatch.com/story/intercontinental-exchange-inc-stock-falls-wednesday-underperforms-market-01625086781-5176ff4627ed

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