Hindsight Market

The Graveyard › 2000

Flashnet Communications Inc

FLAS · Software & Services · NASDAQ · in our data March 16, 1999 to May 31, 2000 (1.2 years)

The first trading day in our data for Flashnet Communications Inc is March 16, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 13, 1999, the market valued it at $648 million. It ended in a collapse: the last trade was $3.75, -92.3% from its split-adjusted high. The delisting record says: likely failure.

1999-032000-05
Peak market value$648 millionApril 13, 1999
Highest split-adjusted share price$48.38April 13, 1999
Last share price$3.75May 31, 2000
From its split-adjusted high to the end-92.3%
Return over the days in our data-91.4%with dividends, before the last trade
Worst single day-25.8%April 19, 1999

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 1999. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Software & Services