Hindsight Market

The Graveyard › 2002

Nexell Therapeutics Inc

3NEXL · Instruments & Medical Devices · NASDAQ · in our data July 25, 1990 to August 30, 2002 (12.1 years)

The first trading day in our data for Nexell Therapeutics Inc is July 25, 1990 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 6, 2000, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.09, -99.9% from its split-adjusted high. The delisting record says: likely failure.

1990-072002-08
Peak market value$1.1 billionMarch 6, 2000
Highest split-adjusted share price$60.50March 6, 2000
Last share price$0.09August 30, 2002
From its split-adjusted high to the end-99.9%
Return over the days in our data-97.9%with dividends, before the last trade
Worst single day-65.7%May 15, 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 1990.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Instruments & Medical Devices