Hindsight Market

The Graveyard › 2005

Digital Lightwave Inc

DIGL · Electronics · NASDAQ · in our data February 6, 1997 to June 2, 2005 (8.3 years)

The first trading day in our data for Digital Lightwave Inc is February 6, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 6, 2000, the market valued it at $3.8 billion. It ended in a collapse: the last trade was $0.51, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1997-022005-06
Peak market value$3.8 billionMarch 6, 2000
Highest split-adjusted share price$139.12March 6, 2000
Last share price$0.51June 2, 2005
From its split-adjusted high to the end-99.6%
Return over the days in our data-96.0%with dividends, before the last trade
Worst single day-55.6%January 23, 1998

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 1997.

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Also gone in 2005: Electronics