Hindsight Market

The Graveyard › 1998

Physician Computer Netwk Inc

3PCNIQ · Software & Services · NASDAQ · in our data November 21, 1991 to April 1, 1998 (6.4 years)

The first trading day in our data for Physician Computer Netwk Inc is November 21, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 6, 1996, the market valued it at $633 million. It ended in a collapse: the last trade was $1.58, -89.3% from its split-adjusted high. The delisting record says: likely failure.

1991-111998-04
Peak market value$633 millionMarch 6, 1996
Highest split-adjusted share price$14.75March 6, 1996
Last share price$1.58April 1, 1998
From its split-adjusted high to the end-89.3%
Return over the days in our data-82.5%with dividends, before the last trade
Worst single day-69.8%March 3, 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 1991.

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Also gone in 1998: Software & Services