“The contracts and leases … provide no benefit to GTAT’s estates, and GTAT’s continued performance ... GT had just $85 million in the bank and now that it’s filed for bankruptcy, its stock price is down more than 90 percent to $1.
After his Merrimack company filed for bankruptcy last fall and recently secured new financing, the chief executive officer of GT Advanced Technologies Inc. has resigned ... sold nearly 700,000 GT Advanced stock shares worth more than …
The bankruptcy and stock-market collapse of GT Advanced Technologies is spurring speculation about how the company might fit into Apple's smart-phone future and economic development in Mesa. Until its bankruptcy filing …
GT Advanced Technologies, a former stock market darling and supplier to Apple, filed for bankruptcy on Oct 6 in a …
(Reuters) - Shareholders of GT Advanced Technologies GTATQ.PK are lobbying regulators to ... and shareholders tend not to have a unified voice in Chapter 11 cases. The company’s stock no longer trades on the Nasdaq, but still trades …
By 11:10 a.m. ET, more than 21 million shares had changed hands, making it the most actively traded on Nasdaq, but the stock had been halted five times due to excessive volatility. The case is In re: GT Advanced Technologies Inc, U.S. …
Former stock market darling GT Advanced ... and distracting litigation with Apple over a wide range of contested issues, the success of which GTAT could not guarantee,” the company said in a court filing late on Monday. “Apple has …
Last week, we touched on the scope and breadth of this year's stock market rally--92% of the S&P is positive ... well as what is likely a proprietary technology developed by GT Advanced Technologies. Looking back, Apple now probably …
GTAT’s stock had been rising on speculation that Apple would use sapphire on the iPhone 6. After it became clear that Apple was sticking with Gorilla Glass, GTAT filed for Chapter 11. Read more stories on Business Insider, Malaysian …
Apple has promised to help employees at its sapphire display ... News of the dissolution of GTAT's partnership with Apple is good for Corning, which makes screen covers for the iPhone with its Gorilla Glass. GTAT's stock had been …