Hindsight Market

The Graveyard › 2003

Lumenon Innovative Lightwave

LUMM · Electronics · NASDAQ · in our data April 13, 2000 to February 19, 2003 (2.9 years)

The first trading day in our data for Lumenon Innovative Lightwave is April 13, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 17, 2000, the market valued it at $940 million. It ended in a collapse: the last trade was $0.02, -99.9% from its split-adjusted high. The delisting record says: likely failure.

2000-042003-02
Peak market value$940 millionJuly 17, 2000
Highest split-adjusted share price$28.50July 17, 2000
Last share price$0.02February 19, 2003
From its split-adjusted high to the end-99.9%
Return over the days in our data-99.9%with dividends, before the last trade
Worst single day-50.0%January 9, 2003

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 2000. How these numbers are made · Report a data issue.

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Also gone in 2003: Electronics