Hindsight Market

The Graveyard › 2007

Praecis Pharmaceuticals Inc

PRCS · Chemicals & Drugs · NASDAQ · in our data April 27, 2000 to February 16, 2007 (6.8 years)

The first trading day in our data for Praecis Pharmaceuticals Inc is April 27, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 28, 2000, the market valued it at $1.9 billion. It ended in a collapse: the last trade was $4.99, -97.8% from its split-adjusted high. The delisting record says: merged or acquired.

2000-042007-02
Peak market value$1.9 billionSeptember 28, 2000
Highest split-adjusted share price$230.62September 28, 2000
Last share price$4.99February 16, 2007
From its split-adjusted high to the end-97.8%
Return over the days in our data-90.9%with dividends, before the last trade
Worst single day-33.4%June 20, 2006

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 2000.

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Also gone in 2007: Chemicals & Drugs