Oct 16, 2014 7:56 AM
NASDAQ to suspend trading of stock for Merrimack-based GT Advanced Techologies
NASDAQ will suspend trading of GT Advanced Technologies common stock at the open of the market Thursday.
Merrimack-based GTAT announced Thursday morning that it will not appeal NASDAQ's decision.
GTAT's filing for Chapter 11 bankruptcy on Oct. 6 prompted the decision by NASDAQ.
GTAT's common stock will be eligible to trade on the OTC Pink Marketplace under the symbol, GTATQ, the company said.