Hindsight Market

The Graveyard › 2005

Agere Systems Inc

AGR · Electronics · NYSE · in our data June 3, 2002 to May 27, 2005 (3 years)

The first trading day in our data for Agere Systems Inc is June 3, 2002 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 20, 2004, the market valued it at $3.5 billion. By the end it had fallen hard: the last trade was $1.21, -68.2% from its split-adjusted high. Our data does not say why it stopped trading.

2002-062005-05
Peak market value$3.5 billionJanuary 20, 2004
Highest split-adjusted share price$3.80January 20, 2004
Last share price$1.21May 27, 2005
From its split-adjusted high to the end-68.2%
Return over the days in our data-61.3%with dividends, before the last trade
Worst single day-30.7%July 21, 2004

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 2002.

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Also gone in 2005: Electronics