Hindsight Market

The Graveyard › 1998

Molten Metal Technology Inc

MLTNQ · Utilities · NASDAQ · in our data February 11, 1993 to February 10, 1998 (5 years)

The first trading day in our data for Molten Metal Technology Inc is February 11, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 14, 1995, the market valued it at $899 million. It ended in a collapse: the last trade was $0.44, -98.9% from its split-adjusted high. The delisting record says: likely failure.

1993-021998-02
Peak market value$899 millionNovember 14, 1995
Highest split-adjusted share price$40.00November 14, 1995
Last share price$0.44February 10, 1998
From its split-adjusted high to the end-98.9%
Return over the days in our data-97.1%with dividends, before the last trade
Worst single day-49.3%October 21, 1996

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.

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Also gone in 1998: Utilities