Hindsight Market

The Graveyard › 2000

Icg Communications

ICGX · Telecom & Media · NASDAQ · in our data March 19, 1992 to November 14, 2000 (8.7 years)

The first trading day in our data for Icg Communications is March 19, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 19, 1998, the market valued it at $1.9 billion. It ended in a collapse: the last trade was $0.31, -99.3% from its split-adjusted high. The delisting record says: likely failure.

1992-032000-11
Peak market value$1.9 billionMarch 19, 1998
Highest split-adjusted share price$43.00March 19, 1998
Last share price$0.31November 14, 2000
From its split-adjusted high to the end-99.3%
Return over the days in our data-96.7%with dividends, before the last trade
Worst single day-57.6%September 18, 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 1992.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Telecom & Media