Update: GT Advanced Technologies Applies For Chapter 11 Bankruptcy (...

10/06/14

Update: GT Advanced Technologies Applies For Chapter 11 Bankruptcy (GTAT)
Seeking Alpha (registration)
GT Advanced Technologies (NASDAQ:GTAT) has applied for chapter 11 bankruptcy as the company had only $85 million in cash at the end of the last month. The news comes as a massive negative for the shareholders. There were some doubts about the ...