Hindsight Market

The Graveyard › 2005

Providian Financial Corporation

PVN · Banks · NYSE · in our data June 13, 1997 to September 30, 2005 (8.3 years)

The first trading day in our data for Providian Financial Corporation is June 13, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 5, 2000, the market valued it at $19.1 billion. It left the market when it was bought or merged, last trading at $17.68, -73.4% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1997-062005-09
Peak market value$19.1 billionOctober 5, 2000
Highest split-adjusted share price$66.55October 5, 2000
Last share price$17.68September 30, 2005
From its split-adjusted high to the end-73.4%
Return over the days in our data+64.5%with dividends, before the last trade
Worst single day-58.5%October 19, 2001

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 2005: Banks