Hindsight Market

The Graveyard › 2001

American Classic Voyages Co

AMCVQ · Shipping · NASDAQ · in our data March 5, 1992 to October 17, 2001 (9.6 years)

The first trading day in our data for American Classic Voyages Co is March 5, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 31, 1999, the market valued it at $651 million. It ended in a collapse: the last trade was $0.73, -97.9% from its split-adjusted high. The delisting record says: likely failure.

1992-032001-10
Peak market value$651 millionDecember 31, 1999
Highest split-adjusted share price$35.25December 29, 1999
Last share price$0.73October 17, 2001
From its split-adjusted high to the end-97.9%
Return over the days in our data-95.2%with dividends, before the last trade
Worst single day-36.6%October 5, 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 1992.

Could you have seen it coming? Play Dot-com