Hindsight Market

The Graveyard › 2008

Credence Systems Corp

CMOS · Instruments & Medical Devices · NASDAQ · in our data October 28, 1993 to August 29, 2008 (14.8 years)

The first trading day in our data for Credence Systems Corp is October 28, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 7, 2000, the market valued it at $3.4 billion. It ended in a collapse: the last trade was $1.13, -98.5% from its split-adjusted high. The delisting record says: merged or acquired.

1993-102008-08
Peak market value$3.4 billionApril 7, 2000
Highest split-adjusted share price$74.59April 7, 2000
Last share price$1.13August 29, 2008
From its split-adjusted high to the end-98.5%
Return over the days in our data-71.2%with dividends, before the last trade
Worst single day-28.6%May 26, 2006

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 1993. How these numbers are made · Report a data issue.

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

Also gone in 2008: Instruments & Medical Devices