Ingles stock sets historic high

Stock in Ingles Markets soared by more than 6% Monday, reaching its highest price in 25 years as a public company.

Trading volume in the Asheville, N.C.-based retailer Monday was around five times its typical pace, statistics showed, although there was no immediate word from the company or any investors as to what sparked the volume.

Stock Monday closed at $40.90 a share, exceeding a previous high of $40.84 rea

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