Hindsight Market

The Graveyard › 2002

Emex Corp

EMEX · Oil & Gas · NASDAQ · in our data June 3, 1975 to July 16, 2002 (27.1 years)

The first trading day in our data for Emex Corp is June 3, 1975 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 21, 2001, the market valued it at $739 million. It ended in a collapse: the last trade was $0.18, -99.9% from its split-adjusted high. The delisting record says: likely failure.

1975-062002-07
Peak market value$739 millionMay 21, 2001
Highest split-adjusted share price$152.84November 28, 1980
Last share price$0.18July 16, 2002
From its split-adjusted high to the end-99.9%
Return over the days in our data-96.6%with dividends, before the last trade
Worst single day-50.0%September 15, 1992

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 1975.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Oil & Gas