Market Overview

GT Solar Trades over 14% Higher after Receiving $460M Contract

GT Solar International, Inc. (NASDAQ: SOLR) today announced that it has received an order for its advanced sapphire crystallization furnaces totaling $460.4 million from a new market entrant. The order is GT's largest single order to date, and represents a significant milestone for the company as a leader in the fast-growing LED industry. The order will be included in GT's backlog for its current Q1 FY12, which ends on July 2, 2011.

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Posted-In: News Movers

 

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