Hindsight Market

The Graveyard › 1999

Banctec Inc-redh

BTEC · Software & Services · NYSE · in our data August 20, 1980 to July 22, 1999 (18.9 years)

The first trading day in our data for Banctec Inc-redh is August 20, 1980 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 22, 1997, the market valued it at $617 million. It left the market without a crash, last trading at $18.44. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1980-081999-07
Peak market value$617 millionDecember 22, 1997
Highest split-adjusted share price$28.37December 22, 1997
Last share price$18.44July 22, 1999
From its split-adjusted high to the end-35.0%
Return over the days in our data+34.1%with dividends, before the last trade
Worst single day-22.6%October 13, 1994

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 1980.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Software & Services