Hindsight Market

The Graveyard › 2009

Centennial Commun CP

CYCL · Telecom & Media · NASDAQ · in our data December 3, 1991 to November 6, 2009 (17.9 years)

The first trading day in our data for Centennial Commun CP is December 3, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 28, 1999, the market valued it at $3.0 billion. By the end it had fallen hard: the last trade was $8.49, -57.5% from its split-adjusted high. The delisting record says: delisted or deregistered.

1991-122009-11
Peak market value$3.0 billionDecember 28, 1999
Highest split-adjusted share price$20.01December 28, 1999
Last share price$8.49November 6, 2009
From its split-adjusted high to the end-57.5%
Return over the days in our data+614.4%with dividends, before the last trade
Worst single day-32.1%July 31, 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 1991.

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

Also gone in 2009: Telecom & Media