Hindsight Market

The Graveyard › 2009

Neurogen Corp

NRGN · Chemicals & Drugs · NASDAQ · in our data October 3, 1989 to December 23, 2009 (20.2 years)

The first trading day in our data for Neurogen Corp is October 3, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 8, 2000, the market valued it at $733 million. It ended in a collapse: the last trade was $0.18, -99.6% from its split-adjusted high. The delisting record says: merged or acquired.

1989-102009-12
Peak market value$733 millionMarch 8, 2000
Highest split-adjusted share price$47.37March 8, 2000
Last share price$0.18December 23, 2009
From its split-adjusted high to the end-99.6%
Return over the days in our data-97.5%with dividends, before the last trade
Worst single day-46.1%July 14, 2008

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 1989.

Could you have seen it coming? Play The Crash of '08

Also gone in 2009: Chemicals & Drugs