Hindsight Market

The Graveyard › 2003

Next Level Communication

NXTV · Electronics · NASDAQ · in our data November 10, 1999 to April 24, 2003 (3.5 years)

The first trading day in our data for Next Level Communication is November 10, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 16, 2000, the market valued it at $15.4 billion. It ended in a collapse: the last trade was $1.17, -99.4% from its split-adjusted high. The delisting record says: merged or acquired.

1999-112003-04
Peak market value$15.4 billionMarch 16, 2000
Highest split-adjusted share price$195.75March 16, 2000
Last share price$1.17April 24, 2003
From its split-adjusted high to the end-99.4%
Return over the days in our data-97.7%with dividends, before the last trade
Worst single day-54.4%August 24, 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.

Play today's Daily Drop

Also gone in 2003: Electronics