Hindsight Market

The Graveyard › 2002

Engage Inc

ENGA · Software & Services · NASDAQ · in our data July 20, 1999 to August 14, 2002 (3.1 years)

The first trading day in our data for Engage Inc is July 20, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 1, 2000, the market valued it at $9.0 billion. It ended in a collapse: the last trade was $0.05, -99.9% from its split-adjusted high. The delisting record says: merged or acquired.

1999-072002-08
Peak market value$9.0 billionMarch 1, 2000
Highest split-adjusted share price$92.50March 1, 2000
Last share price$0.05August 14, 2002
From its split-adjusted high to the end-99.9%
Return over the days in our data-99.8%with dividends, before the last trade
Worst single day-31.8%December 13, 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.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Software & Services