Hindsight Market

The Graveyard › 2009

Fairpoint Communications Inc

FRP · Telecom & Media · NYSE · in our data February 4, 2005 to October 23, 2009 (4.7 years)

The first trading day in our data for Fairpoint Communications Inc is February 4, 2005 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 15, 2008, the market valued it at $871 million. It ended in a collapse: the last trade was $0.37, -97.7% from its split-adjusted high. The delisting record says: likely failure.

2005-022009-10
Peak market value$871 millionMay 15, 2008
Highest split-adjusted share price$16.11January 16, 2007
Last share price$0.37October 23, 2009
From its split-adjusted high to the end-97.7%
Return over the days in our data-96.7%with dividends, before the last trade
Worst single day-65.0%March 6, 2009

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 2005. How these numbers are made · Report a data issue.

Could you have seen it coming? Play The Crash of '08

Also gone in 2009: Telecom & Media