GT Advanced Technologies Inc (GTATQ) shares almost doubled in value today following news of an expected settlement in the ongoing legal battle between Apple Inc. (AAPL) and the synthetic Sapphire-glass manufacturer. The news comes as a welcome break for GTAT's investors, who saw the stock lose 90% of its value in a single day after the company filed for Chapter 11 bankruptcy earlier this month. The stock was eventually relegated to pink sheets, where it now trades under the ticker "GTATQ."
GT Advanced Technologies Inc (GTATQ) shares almost doubled in value today following news of an expected settlement in the ongoing legal battle between Apple Inc. (AAPL) and the synthetic Sapphire-glass manufacturer. The news comes as a welcome break for GTAT's investors, who saw the stock lose 90% of its value in a single day after the company filed for Chapter 11 bankruptcy earlier this month. The stock was eventually relegated to pink sheets, where it now trades under the ticker "GTATQ."
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