GT Advanced Technologies Inc Tells Court It Can't Reveal Why It Declared Bankruptcy

09Oct2014October 9, 2014

GT Advanced Technologies Inc Tells Court It Can't Reveal Why It Declared Bankruptcy

The mystery of why GT Advanced Technologies Inc (NASDAQ:GTAT), a key supplier of components used in Apple Inc. (NASDAQ:AAPL)’s popular iPhone 6, is starting to look like a detective drama.

GT Advanced Technologies' surprise bankruptcy
The company’s surprise bankruptcy came as it was reported to have nearly $85 million in cash . . .

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Author

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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