Hindsight Market

The Graveyard › 2000

Employee Solutions Inc

EPYS · Software & Services · NASDAQ · in our data August 12, 1993 to March 21, 2000 (6.6 years)

The first trading day in our data for Employee Solutions Inc is August 12, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 21, 1997, the market valued it at $872 million. It ended in a collapse: the last trade was $0.72, -97.5% from its split-adjusted high. The delisting record says: likely failure.

1993-082000-03
Peak market value$872 millionFebruary 21, 1997
Highest split-adjusted share price$28.29February 21, 1997
Last share price$0.72March 21, 2000
From its split-adjusted high to the end-97.5%
Return over the days in our data-39.3%with dividends, before the last trade
Worst single day-59.2%March 14, 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 1993.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Software & Services