Hindsight Market

The Graveyard › 1994

Idb Communications Group Inc

IDBX. · Telecom & Media · NASDAQ · in our data October 8, 1986 to December 30, 1994 (8.2 years)

The first trading day in our data for Idb Communications Group Inc is October 8, 1986 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 7, 1994, the market valued it at $1.3 billion. It ended in a collapse: the last trade was $9.19, -54.1% from its split-adjusted high. The delisting record says: likely failure.

1986-101994-12
Peak market value$1.3 billionApril 7, 1994
Highest split-adjusted share price$20.00March 3, 1994
Last share price$9.19December 30, 1994
From its split-adjusted high to the end-54.1%
Return over the days in our data+390.9%with dividends, before the last trade
Worst single day-50.9%June 1, 1994

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 1986.

Play today's Daily Drop

Also gone in 1994: Telecom & Media