Hindsight Market

The Graveyard › 2008

Optium Corp

OPTM · Electronics · NASDAQ · in our data October 27, 2006 to August 29, 2008 (1.8 years)

The first trading day in our data for Optium Corp is October 27, 2006 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 21, 2006, the market valued it at $669 million. It left the market when it was bought or merged, last trading at $8.99, -66.0% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

2006-102008-08
Peak market value$669 millionDecember 21, 2006
Highest split-adjusted share price$26.43December 21, 2006
Last share price$8.99August 29, 2008
From its split-adjusted high to the end-66.0%
Return over the days in our data-54.1%with dividends, before the last trade
Worst single day-43.4%July 31, 2007

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 2006.

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

Also gone in 2008: Electronics