Hindsight Market

The Graveyard › 1999

Forte Software Inc

FRTE · Software & Services · NASDAQ · in our data March 12, 1996 to October 19, 1999 (3.6 years)

The first trading day in our data for Forte Software Inc is March 12, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 21, 1996, the market valued it at $1.5 billion. It left the market when it was bought or merged, last trading at $28.38, -65.3% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1996-031999-10
Peak market value$1.5 billionMay 21, 1996
Highest split-adjusted share price$81.75May 21, 1996
Last share price$28.38October 19, 1999
From its split-adjusted high to the end-65.3%
Return over the days in our data-25.8%with dividends, before the last trade
Worst single day-50.0%April 25, 1997

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 1999: Software & Services