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NYSE:AXL, NYSE:ARM, NYSE:TRW were Today’s Top Auto Gainers as Reported by Penny Stock Pick Alert

NYSE:AXL was among the active gainers in today`s trading session as it increased over 17.05% to close at $6.59

 



(EMAILWIRE.COM, October 30, 2009 ) Dallas, TX - American Axle & Manufact. Holdings, Inc. (NYSE:AXL) was among the active gainers in today`s trading session as it increased over 17.05% to close at $6.59 on huge volume of over 5.43 million shares. The stock hit an intraday high and intraday low of $6.73 and $5.65 respectively. So far the stock price jumped over 488% in last six months. American Axle & Manufacturing Holdings, Inc. is a Tier I supplier to the automotive industry. AAM manufactures, engineers, designs and validates driveline and drivetrain systems, and related components and chassis modules for light trucks, sport utility vehicles.

ArvinMeritor, Inc. (NYSE:ARM) increased $0.84 or 10.89% to close at $8.55 on a volume of over 2.18 million shares after Mitsubishi Steel Mfg. Co., Ltd. announced that its subsidiaries will purchase a 57% stake in Meritor Suspension Systems Company and Meritor Suspension Systems Company U.S., respectively, from ArvinMeritor, Inc., at the price of USD 13 million, effective October 30, 2009. After the transaction, the Company will hold no stakes in Meritor Suspension Systems Company and Meritor Suspension Systems Company U.S., respectively, down from 57%.

TRW Automotive Holdings Corp. (NYSE:TRW) surged 10.78% to end the day at $16.55 on volumes of over 1.76 million shares. The stock hit an intraday high and intraday low of $16.60 and $15.25 respectively. So far the stock price jumped up over 101% in last six months. TRW Automotive Holdings Corp. is a diversified supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEM) and related aftermarkets. The Company conducts its operations through its subsidiaries.

ABOUT www.PennyStockPickAlert.com

Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.

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Tel: 214 556 6798
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