Hindsight Market

The Graveyard › 2002

Exide Technologies

XIDEQ · Electronics · NYSE · in our data October 29, 1993 to February 14, 2002 (8.3 years)

The first trading day in our data for Exide Technologies is October 29, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 17, 1995, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.40, -99.3% from its split-adjusted high. The delisting record says: likely failure.

1993-102002-02
Peak market value$1.1 billionJanuary 17, 1995
Highest split-adjusted share price$55.27January 17, 1995
Last share price$0.40February 14, 2002
From its split-adjusted high to the end-99.3%
Return over the days in our data-98.5%with dividends, before the last trade
Worst single day-36.9%October 16, 1998

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 2002: Electronics