Hindsight Market

The Graveyard › 2001

Preview Systems Inc

PRVWZ · Software & Services · NASDAQ · in our data December 8, 1999 to July 25, 2001 (1.6 years)

The first trading day in our data for Preview Systems Inc is December 8, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 8, 1999, the market valued it at $1.3 billion. It ended in a collapse: the last trade was $3.56, -95.8% from its split-adjusted high. Our data does not say why it stopped trading.

1999-122001-07
Peak market value$1.3 billionDecember 8, 1999
Highest split-adjusted share price$83.75December 8, 1999
Last share price$3.56July 25, 2001
From its split-adjusted high to the end-95.8%
Return over the days in our data-95.8%with dividends, before the last trade
Worst single day-44.3%October 3, 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.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Software & Services