Hindsight Market

The Graveyard › 1999

Liberty Sat & Tech

3LSTTA · Telecom & Media · NASDAQ · in our data December 5, 1996 to April 21, 1999 (2.4 years)

The first trading day in our data for Liberty Sat & Tech is December 5, 1996 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 5, 1996, the market valued it at $732 million. It ended in a collapse: the last trade was $2.22, -82.4% from its split-adjusted high. The delisting record says: likely failure.

1996-121999-04
Peak market value$732 millionDecember 5, 1996
Highest split-adjusted share price$12.63December 5, 1996
Last share price$2.22April 21, 1999
From its split-adjusted high to the end-82.4%
Return over the days in our data-82.4%with dividends, before the last trade
Worst single day-57.3%January 22, 1999

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. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Telecom & Media