Hindsight Market

The Graveyard › 2001

Efficient Networks Inc

EFNT · Electronics · NASDAQ · in our data July 15, 1999 to April 3, 2001 (1.7 years)

The first trading day in our data for Efficient Networks Inc is July 15, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 23, 2000, the market valued it at $8.7 billion. It left the market when it was bought or merged, last trading at $23.38, -87.0% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1999-072001-04
Peak market value$8.7 billionMarch 23, 2000
Highest split-adjusted share price$180.06March 23, 2000
Last share price$23.38April 3, 2001
From its split-adjusted high to the end-87.0%
Return over the days in our data-54.3%with dividends, before the last trade
Worst single day-36.8%October 18, 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 1999.

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Also gone in 2001: Electronics