Hindsight Market

The Graveyard › 2008

Dex Media Inc

RHD · Software & Services · NYSE · in our data June 19, 1998 to December 31, 2008 (10.5 years)

The first trading day in our data for Dex Media Inc is June 19, 1998 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 22, 2007, the market valued it at $6.6 billion. It ended in a collapse: the last trade was $0.37, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1998-062008-12
Peak market value$6.6 billionFebruary 22, 2007
Highest split-adjusted share price$83.90May 9, 2007
Last share price$0.37December 31, 2008
From its split-adjusted high to the end-99.6%
Return over the days in our data-97.8%with dividends, before the last trade
Worst single day-47.5%February 28, 2008

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 1998.

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

Also gone in 2008: Software & Services