Hindsight Market

The Graveyard › 2001

Entrade Inc

ETAD · Software & Services · NYSE · in our data January 2, 1968 to October 10, 2001 (33.8 years)

Our price history begins on January 2, 1968, and Entrade Inc was already trading then; how long before that, our data does not say. At its peak, on January 13, 2000, the market valued it at $754 million. It ended in a collapse: the last trade was $0.50, -99.1% from its split-adjusted high. The delisting record says: likely failure.

1968-012001-10
Peak market value$754 millionJanuary 13, 2000
Highest split-adjusted share price$54.00January 13, 2000
Last share price$0.50October 10, 2001
From its split-adjusted high to the end-99.1%
Return over the days in our data-96.4%with dividends, before the last trade
Worst single day-24.4%August 8, 1988

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 1968.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Software & Services