Atlanta, Georgia-based Intercontinental Exchange, Inc. (ICE) is a global financial markets infrastructure company that operates exchanges, clearing networks, and data services. It provides technology, market data, indexing, and mortgage technology solutions across major asset classes, helping improve transparency, price discovery, efficiency, and decision-making. The company has a market capitalization of approximately $85.2 billion.
Shares of this leading financial market infrastructure company have significantly underperformed the broader market over the past year. ICE has declined 20.8% over this period, while the broader S&P 500 Index ($SPX) has gained nearly 22.2%. The weakness has continued in 2026, with the stock down 7.9%, compared with the index's 13% gain over the same period.