Updated
Updated · MarketWatch · May 1
Intercontinental Exchange stock slides 2.11%
Updated
Updated · MarketWatch · May 1

Intercontinental Exchange stock slides 2.11%

12 articles · Updated · MarketWatch · May 1
  • The shares fell to $154.75 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average slipped 0.31% to 49,499.27.
  • ICE closed 18.27% below its 52-week high of $189.35 reached on 8 August and lagged rivals including CME Group and Cboe Global Markets.
  • Nasdaq also declined, down 0.64%, while ICE trading volume was 3.2 million shares, about 127,320 below its 50-day average.
With record Q1 earnings, why is Wall Street punishing ICE's stock while rewarding its rivals?
As exchanges race to tokenize assets, who will win the battle to build the future of financial markets?