Hindsight Market

The Graveyard › 2009

Bankrate Inc

RATE · Software & Services · NASDAQ · in our data May 13, 1999 to September 25, 2009 (10.4 years)

The first trading day in our data for Bankrate Inc is May 13, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 4, 2008, the market valued it at $1.1 billion. By the end it had fallen hard: the last trade was $28.50, -62.5% from its split-adjusted high. Our data does not say why it stopped trading.

1999-052009-09
Peak market value$1.1 billionFebruary 4, 2008
Highest split-adjusted share price$76.00May 13, 1999
Last share price$28.50September 25, 2009
From its split-adjusted high to the end-62.5%
Return over the days in our data-62.5%with dividends, before the last trade
Worst single day-45.5%December 26, 2000

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 1999.

Could you have seen it coming? Play The Crash of '08

Also gone in 2009: Software & Services