Hindsight Market

The Graveyard › 2000

LTV

LTVCQ · Steel & Metals · NYSE · in our data July 30, 1993 to December 28, 2000 (7.4 years)

The first trading day in our data for LTV is July 30, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 11, 1994, the market valued it at $2.2 billion. It ended in a collapse: the last trade was $0.34, -98.2% from its split-adjusted high. The delisting record says: likely failure.

1993-072000-12
Peak market value$2.2 billionOctober 11, 1994
Highest split-adjusted share price$19.36September 29, 1994
Last share price$0.34December 28, 2000
From its split-adjusted high to the end-98.2%
Return over the days in our data-96.9%with dividends, before the last trade
Worst single day-38.5%November 16, 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 1993.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Steel & Metals