Intercontinental Exchange Inc. stock rises Friday, outperforms market

Intercontinental Exchange Inc. stock rises Friday, outperforms market

Shares of Intercontinental Exchange Inc. ICE, +1.34% rallied 1.34% to $128.10 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.19% falling 0.19% to 4,391.34 and Dow Jones Industrial Average DJIA, -0.03% falling 0.03% to 34,746.25. This was the stock’s fourth consecutive day of gains. Intercontinental Exchange Inc. hit a new 52-week high, surpassing its previous peak of $127.06, which the company achieved on October 7th.

The stock outperformed some of its competitors Friday, as CME Group Inc. Cl A CME, -0.29% fell 0.29% to $201.53, Nasdaq Inc. NDAQ, -0.26% fell 0.26% to $197.40, and Cboe Global Markets Inc. CBOE, +1.09% rose 1.09% to $126.37. Trading volume (2.1 M) eclipsed its 50-day average volume of 2.1 M.

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