Hindsight Market

The Graveyard › 2000

Agribiotech Inc

ABTXQ · Wholesale · NASDAQ · in our data May 24, 1995 to January 24, 2000 (4.7 years)

The first trading day in our data for Agribiotech Inc is May 24, 1995 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 19, 1998, the market valued it at $1.0 billion. It ended in a collapse: the last trade was $2.31, -92.0% from its split-adjusted high. Our data does not say why it stopped trading.

1995-052000-01
Peak market value$1.0 billionJune 19, 1998
Highest split-adjusted share price$29.00June 19, 1998
Last share price$2.31January 24, 2000
From its split-adjusted high to the end-92.0%
Return over the days in our data-38.3%with dividends, before the last trade
Worst single day-26.1%August 25, 1998

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 1995.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Wholesale