Hindsight Market

The Graveyard › 2005

Portal Software Inc

PRSF · Software & Services · NASDAQ · in our data May 6, 1999 to June 28, 2005 (6.1 years)

The first trading day in our data for Portal Software Inc is May 6, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 24, 2000, the market valued it at $13.3 billion. It ended in a collapse: the last trade was $1.75, -99.6% from its split-adjusted high. Our data does not say why it stopped trading.

1999-052005-06
Peak market value$13.3 billionFebruary 24, 2000
Highest split-adjusted share price$419.69February 24, 2000
Last share price$1.75June 28, 2005
From its split-adjusted high to the end-99.6%
Return over the days in our data-98.1%with dividends, before the last trade
Worst single day-63.8%November 22, 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 1999.

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Also gone in 2005: Software & Services