ICE Hits 52-Week High, Trades at a Discount: How to Play the Stock

Key Takeaways ICE remains well-positioned to capitalize on accelerated digitization in the mortgage industry. Strategic acquisitions have delivered expense synergies and portfolio expansion, enhancing service offerings. Despite rising operating expenses, ICE maintains a low-risk balance sheet supporting long-term stability.Intercontinental Exchange Inc. (ICE) hit a 52-week high of $181.65 on June 25. Shares closed at $180.53 after gaining 21.2% year to date, outperforming the industry, the sector and the ...