Hindsight Market

The Graveyard › 2011

Qwest Communications

Q · Telecom & Media · NYSE · in our data June 24, 1997 to March 31, 2011 (13.8 years)

The first trading day in our data for Qwest Communications is June 24, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 5, 2000, the market valued it at $96.3 billion. By the end it had fallen hard: the last trade was $6.83, -86.6% from its split-adjusted high. The delisting record says: delisted or deregistered.

1997-062011-03
Peak market value$96.3 billionJuly 5, 2000
Highest split-adjusted share price$50.86March 3, 2000
Last share price$6.83March 31, 2011
From its split-adjusted high to the end-86.6%
Return over the days in our data+23.8%with dividends, before the last trade
Worst single day-57.3%June 26, 2002

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 2011: Telecom & Media