GT Advanced Technologies Craters On Bankruptcy Filing

By | October 6, 2014

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GT Advanced Technologies (GTAT), the maker of sapphire display covers for Apple’s upcoming smartwatch, on Monday filed for Chapter 11 bankruptcy protection. In a press release , GT said it expects to conduct business as usual while it works out a reorganization plan and addresses its financial issues. Nasdaq temporarily halted trading in GT stock as it awaited receipt of additional information on the company’s financial condition. When trading Scalper1 News

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