Intercontinental Exchange Inc.
ICE · NYSE
- $157.40
- $88.58B
- Open
- —
- —
- $156.98 - $160.51
- $121.79 - $176.59
- —
- —
- 2.32M
About Intercontinental Exchange Inc.
Intercontinental Exchange operates regulated financial and commodity exchanges, clearing venues and related data businesses. It earns transaction and clearing fees when customers trade and settle contracts, alongside recurring subscriptions and licensing revenue from market data. Its businesses also include fixed-income trading capabilities and mortgage-technology services, with institutional investors, financial institutions, corporations and mortgage-market participants among its customers. ICE is expanding its electronic bond-trading offering through the proposed MarketAxess acquisition. The company reported $12.6 billion of FY2025 revenue and $3.3 billion of net income, up from $11.8 billion and $2.8 billion, respectively, in FY2024.
Notable Price Movement
- Aug 3-7$150.301.43%
ICE fell $3.52, or 2.30%, over the supplied window, from $152.72 to $149.20. The stock initially advanced to $156.27 by July 30 as investors responded to record second-quarter results, an earnings beat, recurring data growth, mortgage strength and strong cash flow. The announced acquisition of MarketAxess for $167 per share, or approximately $5.7 billion to $6 billion in cash, was an additional material catalyst. ICE then reversed sharply, giving back all of that advance and closing below its starting level by August 4. The retreat followed the initial earnings and deal reaction; the supplied evidence does not identify a separate company-specific negative announcement or broader market driver for the decline.
