Hindsight Market

The Graveyard › 2000

E-tek Dynamics Inc

ETEK · Electronics · NASDAQ · in our data December 2, 1998 to June 30, 2000 (1.6 years)

The first trading day in our data for E-tek Dynamics Inc is December 2, 1998 (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 $20.4 billion. It left the market when it was bought or merged, last trading at $263.81, -13.5% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1998-122000-06
Peak market value$20.4 billionMarch 6, 2000
Highest split-adjusted share price$305.02March 6, 2000
Last share price$263.81June 30, 2000
From its split-adjusted high to the end-13.5%
Return over the days in our data+886.2%with dividends, before the last trade
Worst single day-19.4%April 14, 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 1998.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Electronics