Hindsight Market

The Graveyard › 2008

Iomega Corp

IOM · Machinery & Computers · NYSE · in our data July 7, 1983 to June 9, 2008 (24.9 years)

The first trading day in our data for Iomega Corp is July 7, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 22, 1996, the market valued it at $6.3 billion. It ended in a collapse: the last trade was $3.84, -95.1% from its split-adjusted high. The delisting record says: merged or acquired.

1983-072008-06
Peak market value$6.3 billionMay 22, 1996
Highest split-adjusted share price$77.99May 22, 1996
Last share price$3.84June 9, 2008
From its split-adjusted high to the end-95.1%
Return over the days in our data+101.9%with dividends, before the last trade
Worst single day-34.0%May 20, 1986

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 1983.

Could you have seen it coming? Play The Crash of '08

Also gone in 2008: Machinery & Computers