Hindsight Market

The Graveyard › 2012

First Ave Networks Inc

FTWR · Telecom & Media · NASDAQ · in our data June 20, 2005 to January 27, 2012 (6.6 years)

The first trading day in our data for First Ave Networks Inc is June 20, 2005 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 16, 2006, the market valued it at $1.4 billion. It ended in a collapse: the last trade was $0.19, -99.9% from its split-adjusted high. The delisting record says: likely failure.

2005-062012-01
Peak market value$1.4 billionOctober 16, 2006
Highest split-adjusted share price$154.40May 19, 2006
Last share price$0.19January 27, 2012
From its split-adjusted high to the end-99.9%
Return over the days in our data-99.7%with dividends, before the last trade
Worst single day-63.2%November 16, 2011

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.

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Also gone in 2012: Telecom & Media