$1000 Invested In This Stock 15 Years Ago Would Be Worth $4,800 Today

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 2.89% on an annualized basis…

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 2.89% on an annualized basis producing an average annual return of 11.48%. Currently, Intercontinental Exchange has a market capitalization of $61.78 billion.

Buying $1000 In ICE: If an investor had bought $1000 of ICE stock 15 years ago, it would be worth $4,786.55 today based on a price of $110.34 for ICE at the time of writing.

Intercontinental Exchange’s Performance Over Last 15 Years

comp_fig

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.

Total
0
Shares
Related Posts
Read More

Public Storage Proposed to Acquire Life Storage in All-Stock Transaction; Life Storage Shareholders/Unit Holders To Receive 0.4192 Shares Of Public Storage Common Stock For Each Life Storage Share/Unit They Own

Public Storage (NYSE: PSA) today sent a letter to Mark G. Barberio, Life Storage's Chairman, and Joseph V. Saffire, Life Storage's CEO, copied in full below, with respect to its proposal to acquire all of the outstanding shares and units of Life Storage, Inc.

LSI