Hindsight Market

The Graveyard › 2012

Ardea Biosciences Inc

RDEA · Chemicals & Drugs · NASDAQ · in our data March 28, 2000 to June 19, 2012 (12.2 years)

The first trading day in our data for Ardea Biosciences Inc is March 28, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 12, 2012, the market valued it at $1.2 billion. It ended in a collapse: the last trade was $31.96, -96.7% from its split-adjusted high. The delisting record says: merged or acquired.

2000-032012-06
Peak market value$1.2 billionJune 12, 2012
Highest split-adjusted share price$967.14July 10, 2000
Last share price$31.96June 19, 2012
From its split-adjusted high to the end-96.7%
Return over the days in our data-93.3%with dividends, before the last trade
Worst single day-70.7%September 30, 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 2000.

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Also gone in 2012: Chemicals & Drugs