Hindsight Market

The Graveyard › 2002

Advanced Tissue Sci

ATISZ · Chemicals & Drugs · NASDAQ · in our data June 9, 1988 to October 21, 2002 (14.4 years)

The first trading day in our data for Advanced Tissue Sci is June 9, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 14, 1996, the market valued it at $748 million. It ended in a collapse: the last trade was $0.06, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1988-062002-10
Peak market value$748 millionOctober 14, 1996
Highest split-adjusted share price$20.00October 14, 1996
Last share price$0.06October 21, 2002
From its split-adjusted high to the end-99.7%
Return over the days in our data-96.6%with dividends, before the last trade
Worst single day-89.7%October 11, 2002

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 1988.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Chemicals & Drugs