GT Solar International, Inc. (NASDAQ: SOLR) is up $0.19 (2.57%) at 8:35 AM EST this morning in premarket trading to $7.58. This move comes after a large drop in share prices earlier this week after a stockholder announced the sale of 10 million shares. Today the company announced they would be selling 11 million more shares of common stock at $7.59. So far the company has traded 138,100 compared to their daily average of 1,856,250.
GT Solar International, Inc. creates manufacturing equipment, often for the production of solar wafers and solar cells.
-Michael B. Sauter