Hindsight Market

The Graveyard › 2003

Multilink Technology Corp

MLTC. · Electronics · NASDAQ · in our data June 21, 2001 to August 21, 2003 (2.2 years)

The first trading day in our data for Multilink Technology Corp is June 21, 2001 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 1, 2001, the market valued it at $684 million. It ended in a collapse: the last trade was $3.65, -97.9% from its split-adjusted high. The delisting record says: merged or acquired.

2001-062003-08
Peak market value$684 millionAugust 1, 2001
Highest split-adjusted share price$177.50August 1, 2001
Last share price$3.65August 21, 2003
From its split-adjusted high to the end-97.9%
Return over the days in our data-96.7%with dividends, before the last trade
Worst single day-30.0%May 1, 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 2001.

Play today's Daily Drop

Also gone in 2003: Electronics