Hindsight Market

The Graveyard › 1999

Arterial Vascular Engr Inc

AVEI · Instruments & Medical Devices · NASDAQ · in our data April 3, 1996 to January 28, 1999 (2.8 years)

The first trading day in our data for Arterial Vascular Engr Inc is April 3, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 28, 1999, the market valued it at $3.8 billion. It left the market without a crash, last trading at $58.38. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1996-041999-01
Peak market value$3.8 billionJanuary 28, 1999
Highest split-adjusted share price$58.38January 28, 1999
Last share price$58.38January 28, 1999
From its split-adjusted high to the end0.0%
Return over the days in our data+263.4%with dividends, before the last trade
Worst single day-39.9%December 20, 1996

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 1996.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Instruments & Medical Devices