Hindsight Market

The Graveyard › 2001

NX Networks Inc

NTRX · Machinery & Computers · NASDAQ · in our data September 22, 1992 to October 30, 2001 (9.1 years)

The first trading day in our data for NX Networks Inc is September 22, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 18, 2000, the market valued it at $986 million. It ended in a collapse: the last trade was $0.25, -99.2% from its split-adjusted high. The delisting record says: likely failure.

1992-092001-10
Peak market value$986 millionFebruary 18, 2000
Highest split-adjusted share price$31.13February 18, 2000
Last share price$0.25October 30, 2001
From its split-adjusted high to the end-99.2%
Return over the days in our data-98.1%with dividends, before the last trade
Worst single day-47.4%August 14, 1998

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 1992.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Machinery & Computers