Hindsight Market

The Graveyard › 2000

LJL Biosystems Inc

LJLB · Instruments & Medical Devices · NASDAQ · in our data March 13, 1998 to August 30, 2000 (2.5 years)

The first trading day in our data for LJL Biosystems Inc is March 13, 1998 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 3, 2000, the market valued it at $658 million. It left the market when it was bought or merged, last trading at $23.19, -48.0% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1998-032000-08
Peak market value$658 millionMarch 3, 2000
Highest split-adjusted share price$44.62March 3, 2000
Last share price$23.19August 30, 2000
From its split-adjusted high to the end-48.0%
Return over the days in our data+231.3%with dividends, before the last trade
Worst single day-22.1%March 26, 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 1998.

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Also gone in 2000: Instruments & Medical Devices