Hindsight Market

The Graveyard › 2002

Laser Vision Centers Inc

LVCI. · Software & Services · NASDAQ · in our data April 3, 1991 to May 15, 2002 (11.1 years)

The first trading day in our data for Laser Vision Centers Inc is April 3, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 19, 1999, the market valued it at $787 million. It ended in a collapse: the last trade was $2.80, -92.5% from its split-adjusted high. The delisting record says: merged or acquired.

1991-042002-05
Peak market value$787 millionJuly 19, 1999
Highest split-adjusted share price$37.13July 19, 1999
Last share price$2.80May 15, 2002
From its split-adjusted high to the end-92.5%
Return over the days in our data-2.6%with dividends, before the last trade
Worst single day-34.5%December 20, 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 1991.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Software & Services