GT Advanced Technologies (GTAT) Nosedives Following Canaccord Downgrade
July 07, 2014 at 15:05 PM EDT
Shares of GT Advanced Technologies (GTAT), whose glass is used in Apple (AAPL)’s iPhone 5S, plunged more than 14% Monday morning after Canaccord’s Jonathan Dorsheimer downgraded the stock to ‘Hold’ from ‘Buy’, saying that much of the company’s positive catalysts have already been priced into the stock. The analyst also said he doesn’t believe Apple’s initial […] View the full post at: GT Advanced Technologies (GTAT) Nosedives Following Canaccord Downgrade Related posts: iPhone Going to Russia Moody’s Lowers Greece’s Sovereign Rating to A3, On Review for Further Downgrade Back on Track?