Hindsight Market

The Graveyard › 2000

HMT Technology Corp

HMTT · Machinery & Computers · NASDAQ · in our data March 13, 1996 to October 2, 2000 (4.6 years)

The first trading day in our data for HMT Technology Corp is March 13, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 16, 1996, the market valued it at $1.1 billion. It left the market when it was bought or merged, last trading at $3.00, -89.4% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1996-032000-10
Peak market value$1.1 billionMay 16, 1996
Highest split-adjusted share price$28.25May 16, 1996
Last share price$3.00October 2, 2000
From its split-adjusted high to the end-89.4%
Return over the days in our data-70.4%with dividends, before the last trade
Worst single day-27.1%March 16, 1999

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 1996.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Machinery & Computers