Hindsight Market

The Graveyard › 2001

Globalnet Financial.com Inc

3GLBN · Brokers & Exchanges · NASDAQ · in our data October 25, 1999 to September 25, 2001 (1.9 years)

The first trading day in our data for Globalnet Financial.com Inc is October 25, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 9, 2000, the market valued it at $621 million. It ended in a collapse: the last trade was $0.42, -99.2% from its split-adjusted high. The delisting record says: merged or acquired.

1999-102001-09
Peak market value$621 millionMarch 9, 2000
Highest split-adjusted share price$55.37March 9, 2000
Last share price$0.42September 25, 2001
From its split-adjusted high to the end-99.2%
Return over the days in our data-96.8%with dividends, before the last trade
Worst single day-23.5%June 29, 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 1999. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Brokers & Exchanges