Hindsight Market

The Graveyard › 2002

Frontline Capital Group

FLCGQ · Software & Services · NASDAQ · in our data August 11, 1999 to March 28, 2002 (2.6 years)

The first trading day in our data for Frontline Capital Group is August 11, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 22, 1999, the market valued it at $1.7 billion. It ended in a collapse: the last trade was $0.03, -100.0% from its split-adjusted high. The delisting record says: likely failure.

1999-082002-03
Peak market value$1.7 billionDecember 22, 1999
Highest split-adjusted share price$67.12December 22, 1999
Last share price$0.03March 28, 2002
From its split-adjusted high to the end-100.0%
Return over the days in our data-99.8%with dividends, before the last trade
Worst single day-47.5%March 25, 2002

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.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Software & Services