If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,800 Today
$ICE
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Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 10 years by 3.3% on an annualized basis producing an average annual return of 14.2%. Currently, Intercontinental Exchange has a market capitalization of $81.14 billion.
Buying $1000 In ICE: If an investor had bought $1000 of ICE stock 10 years ago, it would be worth $3,792.29 today based on a price of $141.46 for ICE at the time of writing.
Intercontinental Exchange's Performance Over Last 10 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.