Hindsight Market

The Graveyard › 2004

Latitude Communications Inc

LATD · Software & Services · NASDAQ · in our data May 7, 1999 to January 12, 2004 (4.7 years)

The first trading day in our data for Latitude Communications Inc is May 7, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 12, 1999, the market valued it at $614 million. It left the market when it was bought or merged, last trading at $3.94, -88.1% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1999-052004-01
Peak market value$614 millionOctober 12, 1999
Highest split-adjusted share price$33.06October 12, 1999
Last share price$3.94January 12, 2004
From its split-adjusted high to the end-88.1%
Return over the days in our data-71.5%with dividends, before the last trade
Worst single day-37.0%July 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 1999.

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Also gone in 2004: Software & Services