Hindsight Market

The Graveyard › 2000

Eglobe Inc

EGLOQ · Software & Services · NASDAQ · in our data December 1, 1989 to November 21, 2000 (11 years)

The first trading day in our data for Eglobe Inc is December 1, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 31, 2000, the market valued it at $815 million. It ended in a collapse: the last trade was $1.12, -98.3% from its split-adjusted high. The delisting record says: likely failure.

1989-122000-11
Peak market value$815 millionMarch 31, 2000
Highest split-adjusted share price$65.21July 1, 1996
Last share price$1.12November 21, 2000
From its split-adjusted high to the end-98.3%
Return over the days in our data-93.5%with dividends, before the last trade
Worst single day-43.0%September 22, 1997

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 1989.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Software & Services