Hindsight Market

The Graveyard › 2007

Gateway Inc

GTW · Machinery & Computers · NYSE · in our data December 8, 1993 to October 16, 2007 (13.9 years)

The first trading day in our data for Gateway Inc is December 8, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 15, 1999, the market valued it at $25.8 billion. It ended in a collapse: the last trade was $1.90, -97.7% from its split-adjusted high. The delisting record says: merged or acquired.

1993-122007-10
Peak market value$25.8 billionNovember 15, 1999
Highest split-adjusted share price$82.50November 15, 1999
Last share price$1.90October 16, 2007
From its split-adjusted high to the end-97.7%
Return over the days in our data-60.5%with dividends, before the last trade
Worst single day-35.6%November 30, 2000

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 1993.

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Also gone in 2007: Machinery & Computers