Hindsight Market

The Graveyard › 2002

Comcast

CMCS · Telecom & Media · NASDAQ · in our data December 24, 1986 to November 18, 2002 (15.9 years)

The first trading day in our data for Comcast is December 24, 1986 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 7, 2001, the market valued it at $41.7 billion. It left the market when it was bought or merged, last trading at $23.82, -57.8% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1986-122002-11
Peak market value$41.7 billionMarch 7, 2001
Highest split-adjusted share price$56.50December 23, 1999
Last share price$23.82November 18, 2002
From its split-adjusted high to the end-57.8%
Return over the days in our data+864.4%with dividends, before the last trade
Worst single day-14.1%August 5, 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 1986.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Telecom & Media