Williams Cos Surpasses Intercontinental Exchange, Reaches #119 Spot in S&P 500

Williams Cos Inc (WMB) has surpassed Intercontinental Exchange Inc (ICE) to become the 119th largest company in the S&P 500. WMB's market capitalization is now $90.16 billion, while ICE's is $89.06 billion. Market capitalization is an important data point for investors, as it provides a true comparison of a company's value and helps determine which mutual funds and ETFs are willing to own the stock.