Hindsight Market

The Graveyard › 2001

Adaptive Broadband Corp.

ADAP · Electronics · NASDAQ · in our data December 14, 1972 to May 14, 2001 (28.4 years)

Our price history begins on December 14, 1972, and Adaptive Broadband Corp. was already trading then; how long before that, our data does not say. At its peak, on March 10, 2000, the market valued it at $3.5 billion. It ended in a collapse: the last trade was $0.85, -99.2% from its split-adjusted high. The delisting record says: merged or acquired.

1972-122001-05
Peak market value$3.5 billionMarch 10, 2000
Highest split-adjusted share price$103.72March 10, 2000
Last share price$0.85May 14, 2001
From its split-adjusted high to the end-99.2%
Return over the days in our data+31.9%with dividends, before the last trade
Worst single day-48.0%January 2, 2001

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1972.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Electronics