Hindsight Market

The Graveyard › 2000

Mortgage.com Inc

MDCM · Lending · NASDAQ · in our data August 11, 1999 to December 13, 2000 (1.3 years)

The first trading day in our data for Mortgage.com Inc is August 11, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 8, 1999, the market valued it at $726 million. It ended in a collapse: the last trade was $0.06, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1999-082000-12
Peak market value$726 millionSeptember 8, 1999
Highest split-adjusted share price$17.50September 8, 1999
Last share price$0.06December 13, 2000
From its split-adjusted high to the end-99.6%
Return over the days in our data-99.1%with dividends, before the last trade
Worst single day-78.6%October 31, 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 1999.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Lending