Auto news in brief: American Axle shares surge 50% before debt deadline - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 1 Old 07-30-2009, 03:00 AM Thread Starter
 
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Auto news in brief: American Axle shares surge 50% before debt deadline

Shares of American Axle & Manufacturing Holdings Inc. rose the most in 11 weeks one day before a waiver expires on a credit line. American Axle climbed 67 cents, or 50%, to $2.01 Wednesday on the New York Stock Exchange, the largest one-day rise since May 8. The shares have declined 30% this year.


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