Hindsight Market

The Graveyard › 2001

Friede Goldman Halter Inc

FGHLQ · Machinery & Computers · NYSE · in our data July 22, 1997 to April 19, 2001 (3.7 years)

The first trading day in our data for Friede Goldman Halter Inc is July 22, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 5, 1997, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.20, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1997-072001-04
Peak market value$1.1 billionNovember 5, 1997
Highest split-adjusted share price$46.50November 5, 1997
Last share price$0.20April 19, 2001
From its split-adjusted high to the end-99.6%
Return over the days in our data-98.3%with dividends, before the last trade
Worst single day-61.2%April 3, 2001

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 1997.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Machinery & Computers