Bloomberg News

AAA Auto Jumps Most in Three Months After Saying Profit Doubled

March 29, 2012

AAA Auto Group NV (AAA) jumped the most in more than three months after the Czech chain of used-car dealerships said its net income doubled last year.

The stock climbed 7.3 percent to 20.49 koruna by 9:22 a.m. in Prague, its biggest intraday advance since Dec. 19 and the highest price since Sept. 1. Share turnover was 32,894 shares 12 minutes after the Czech market opened, or almost double the daily average over the past three months.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus