Hindsight Market

The Graveyard › 2007

Netbank Inc

NTBKQ · Banks · NASDAQ · in our data July 29, 1997 to August 6, 2007 (10 years)

The first trading day in our data for Netbank Inc is July 29, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 13, 1999, the market valued it at $2.0 billion. It ended in a collapse: the last trade was $0.20, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1997-072007-08
Peak market value$2.0 billionApril 13, 1999
Highest split-adjusted share price$76.03April 13, 1999
Last share price$0.20August 6, 2007
From its split-adjusted high to the end-99.7%
Return over the days in our data-94.4%with dividends, before the last trade
Worst single day-66.3%May 21, 2007

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 1997.

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Also gone in 2007: Banks