Hindsight Market

The Graveyard › 2006

Goremote Internet Comm Inc

GRIC · Software & Services · NASDAQ · in our data December 15, 1999 to February 15, 2006 (6.2 years)

The first trading day in our data for Goremote Internet Comm Inc is December 15, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 29, 2000, the market valued it at $1.3 billion. It ended in a collapse: the last trade was $1.70, -97.6% from its split-adjusted high. The delisting record says: merged or acquired.

1999-122006-02
Peak market value$1.3 billionFebruary 29, 2000
Highest split-adjusted share price$70.13February 29, 2000
Last share price$1.70February 15, 2006
From its split-adjusted high to the end-97.6%
Return over the days in our data-91.9%with dividends, before the last trade
Worst single day-44.5%May 5, 2004

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.

Play today's Daily Drop

Also gone in 2006: Software & Services