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Jim Cramer Discusses Intercontinental Exchange’s (ICE) Share Price
Yahoo Finance· 2025-11-23 05:52
Core Insights - Intercontinental Exchange, Inc. (NYSE:ICE) has been discussed positively by Jim Cramer, who has been a long-time supporter of the company, indicating a bullish sentiment towards the exchanges market [2][3] - The stock has experienced a decline since mid-August but has shown signs of stabilization recently, with the Relative Strength Index (RSI) indicating it is coming off extremely oversold levels, suggesting potential for recovery [3] Company Performance - ICE's stock price has been under pressure, with a noted decline since mid-August, but recent trends suggest that heavy selling may have stopped [3] - The stock was down by 21 cents during a recent discussion, reflecting market reactions to Walmart's decision to shift to the NASDAQ [2] Market Context - Cramer highlighted the competitive dynamics between the New York Stock Exchange and NASDAQ, questioning whether Walmart would be better served on NASDAQ, which may reflect broader market sentiments regarding exchange performance [2] - The discussion around ICE comes amid a broader context of a "hidden" bull market in exchanges, indicating potential growth opportunities within this sector [2]