Hindsight Market

The Graveyard › 2002

Crossworlds Software Inc

CWLD · Software & Services · NASDAQ · in our data June 1, 2000 to January 11, 2002 (1.6 years)

The first trading day in our data for Crossworlds Software Inc is June 1, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 14, 2000, the market valued it at $684 million. It left the market when it was bought or merged, last trading at $4.64, -82.4% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

2000-062002-01
Peak market value$684 millionSeptember 14, 2000
Highest split-adjusted share price$26.37September 14, 2000
Last share price$4.64January 11, 2002
From its split-adjusted high to the end-82.4%
Return over the days in our data-54.2%with dividends, before the last trade
Worst single day-18.4%November 28, 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 2000.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Software & Services