Hindsight Market

The Graveyard › 2002

Eex Corp

EEX · Oil & Gas · NYSE · in our data April 23, 1985 to November 26, 2002 (17.6 years)

The first trading day in our data for Eex Corp is April 23, 1985 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 7, 1987, the market valued it at $1.7 billion. It ended in a collapse: the last trade was $2.00, -95.5% from its split-adjusted high. The delisting record says: merged or acquired.

1985-042002-11
Peak market value$1.7 billionApril 7, 1987
Highest split-adjusted share price$44.25July 18, 1995
Last share price$2.00November 26, 2002
From its split-adjusted high to the end-95.5%
Return over the days in our data-94.3%with dividends, before the last trade
Worst single day-20.8%July 23, 1999

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 1985.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Oil & Gas