Hindsight Market

The Graveyard › 2022

La Jolla Pharmaceutical Co

LJPC · Chemicals & Drugs · NASDAQ · in our data June 3, 1994 to August 19, 2022 (28.2 years)

The first trading day in our data for La Jolla Pharmaceutical Co is June 3, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 6, 2018, the market valued it at $1.0 billion. It ended in a collapse: the last trade was $6.22, -99.9% from its split-adjusted high. The delisting record says: merged or acquired.

1994-062022-08
Peak market value$1.0 billionFebruary 6, 2018
Highest split-adjusted share price$4885.41March 6, 2000
Last share price$6.22August 19, 2022
From its split-adjusted high to the end-99.9%
Return over the days in our data-99.7%with dividends, before the last trade
Worst single day-91.3%February 12, 2009

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 1994.

Could you have seen it coming? Play The Bear of '22

Also gone in 2022: Chemicals & Drugs