Hindsight Market

The Graveyard › 2009

Medis Technologies Ltd

MDTL · Electronics · NASDAQ · in our data June 6, 2000 to August 20, 2009 (9.2 years)

The first trading day in our data for Medis Technologies Ltd is June 6, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 10, 2006, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.34, -99.1% from its split-adjusted high. The delisting record says: likely failure.

2000-062009-08
Peak market value$1.1 billionMay 10, 2006
Highest split-adjusted share price$35.71May 10, 2006
Last share price$0.34August 20, 2009
From its split-adjusted high to the end-99.1%
Return over the days in our data-98.4%with dividends, before the last trade
Worst single day-42.3%September 29, 2008

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.

Could you have seen it coming? Play The Crash of '08

Also gone in 2009: Electronics