Hindsight Market

The Graveyard › 2000

Ascent Entertainment Group

GOAL · Telecom & Media · NASDAQ · in our data December 13, 1995 to June 8, 2000 (4.5 years)

The first trading day in our data for Ascent Entertainment Group is December 13, 1995 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 28, 1996, the market valued it at $751 million. It left the market when it was bought or merged, last trading at $15.28, -39.5% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1995-122000-06
Peak market value$751 millionJune 28, 1996
Highest split-adjusted share price$25.25June 28, 1996
Last share price$15.28June 8, 2000
From its split-adjusted high to the end-39.5%
Return over the days in our data-0.6%with dividends, before the last trade
Worst single day-21.5%December 4, 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: Telecom & Media