Apple's partner in a sapphire glass plant in Arizona — has said it will explain the events that led to Monday's surprise bankruptcy filing and sparked a 90 percent drop in GT's stock. “Looks like some investors are betting that bankruptcy will leave some value for equity,” Raymond James analyst Pavel Molchanov said in an e-mail, referring to the rise in the company's shares on Tuesday. …
Continue reading here:
GT Advanced first bankruptcy hearing set for Thursday