Apple sapphire suppliers GT Thursday bankruptcy hearing

A person new Hanpuxieer United States Bankruptcy Court in Manchester, said Apple's sapphire material suppliers GT Advanced Technologies will be held Thursday 10:00 EDT initial bankruptcy hearing. GT said it would at the hearing to explain why the company a surprise bankruptcy filing this week, and led to share price fell 90%.

Tuesday, GT shares rose 51 percent, to close at $ 1.21. GT shares rebound on Tuesday, analysts noted that some investors believe that bankruptcy will give the rest of GT shares some value. But this is a very dangerous gamble.


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