Indians stock sale pushes price to record high: 16-percent increase comes on heels of strong financial year for AAA franchise

The Indianapolis Indians' stock value is going up like a long ball off the cleanup hitter's bat. On the heels of a year that saw strengthening profits for the AAA minor-league affiliate, six shares of Indians stock sold in December for $15,200 each as reported in pink sheet filings. That represents a 16-percent increase from the last sale 18 months ago. "This is significant because these shares don't trade that much, and six shares comprises close to 1 percent of...

 

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