Why Intercontinental Exchange Stock Jumped 13.3% in November
The share price of Intercontinental Exchange (NYSE: ICE) took off in November, gaining 13.3% for the month, according to S&P Global Market Intelligence. The stock is down about 21% year to date as of Dec. 5, trading at roughly $107 per share.
Overall, the major indexes were up in November, with the Dow Jones Industrial Average rising 5.7% and the S&P 500 gaining 5.4%.
Intercontinental Exchange is a company that owns exchanges around the world, including the New York Stock Exchange. The company had a few catalysts driving it higher in November.
Source Fool.com
