Hindsight Market

The Graveyard › 2000

Firstcom Corp

FCLX · Telecom & Media · NASDAQ · in our data November 6, 1996 to August 28, 2000 (3.8 years)

The first trading day in our data for Firstcom Corp is November 6, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 31, 2000, the market valued it at $1.1 billion. It left the market when it was bought or merged, last trading at $17.69, -57.9% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1996-112000-08
Peak market value$1.1 billionMarch 31, 2000
Highest split-adjusted share price$42.00December 20, 1999
Last share price$17.69August 28, 2000
From its split-adjusted high to the end-57.9%
Return over the days in our data+293.1%with dividends, before the last trade
Worst single day-25.0%September 10, 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 1996.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Telecom & Media