Hindsight Market

The Graveyard › 2004

Panamsat Corp

SPOT · Telecom & Media · NASDAQ · in our data May 19, 1997 to August 18, 2004 (7.2 years)

The first trading day in our data for Panamsat Corp is May 19, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 10, 2000, the market valued it at $10.8 billion. It left the market when it was bought or merged, last trading at $23.45, -67.5% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1997-052004-08
Peak market value$10.8 billionJanuary 10, 2000
Highest split-adjusted share price$72.12January 10, 2000
Last share price$23.45August 18, 2004
From its split-adjusted high to the end-67.5%
Return over the days in our data-21.2%with dividends, before the last trade
Worst single day-24.5%March 29, 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 1997.

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Also gone in 2004: Telecom & Media