GT Advanced continues rally; Morgan Stanley discloses 5.3% stake

|About: GT Advanced Technologies, Inc. (GTATQ)|By:, SA News Editor

Morgan Stanley has disclosed a 6.7M-share (5.3%) passive stake in GT Advanced (GTAT +2%). (13G)

The disclosure is helping shares move higher in the face of a market selloff. They rallied yesterday after 9to5 Mac posted documents indicating Apple plans to start sapphire production at its Mesa, AZ facility in February.