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GT Advanced First Bankruptcy Hearing Set for Thursday

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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. …

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GT Advanced first bankruptcy hearing set for Thursday


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