Hindsight Market

The Graveyard › 2000

Olsten

OLS · Software & Services · NYSE · in our data December 14, 1972 to March 15, 2000 (27.2 years)

Our price history begins on December 14, 1972, and Olsten was already trading then; how long before that, our data does not say. At its peak, on August 8, 1996, the market valued it at $2.3 billion. By the end it had fallen hard: the last trade was $10.00, -68.0% from its split-adjusted high. The delisting record says: delisted or deregistered.

1972-122000-03
Peak market value$2.3 billionAugust 8, 1996
Highest split-adjusted share price$31.25March 18, 1996
Last share price$10.00March 15, 2000
From its split-adjusted high to the end-68.0%
Return over the days in our data+4493.3%with dividends, before the last trade
Worst single day-27.0%November 21, 1996

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 1972.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Software & Services