Hindsight Market

The Graveyard › 2004

MetroPCS

PCS · Telecom & Media · NYSE · in our data November 24, 1998 to April 22, 2004 (5.4 years)

The first trading day in our data for MetroPCS is November 24, 1998 (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 $30.2 billion. By the end it had fallen hard: the last trade was $9.56, -85.4% from its split-adjusted high. Our data does not say why it stopped trading.

1998-112004-04
Peak market value$30.2 billionJuly 17, 2000
Highest split-adjusted share price$65.50March 31, 2000
Last share price$9.56April 22, 2004
From its split-adjusted high to the end-85.4%
Return over the days in our data+12.9%with dividends, before the last trade
Worst single day-26.5%June 14, 2002

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

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Also gone in 2004: Telecom & Media