Hindsight Market

The Graveyard › 2011

L-1 Identity Solutions Inc

ID · Software & Services · NYSE · in our data November 8, 1996 to July 25, 2011 (14.7 years)

The first trading day in our data for L-1 Identity Solutions Inc is November 8, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 31, 2007, the market valued it at $1.6 billion. By the end it had fallen hard: the last trade was $12.00, -76.0% from its split-adjusted high. The delisting record says: delisted or deregistered.

1996-112011-07
Peak market value$1.6 billionMay 31, 2007
Highest split-adjusted share price$50.00July 3, 1997
Last share price$12.00July 25, 2011
From its split-adjusted high to the end-76.0%
Return over the days in our data-64.5%with dividends, before the last trade
Worst single day-35.4%June 2, 1998

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.

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Also gone in 2011: Software & Services