Hindsight Market

The Graveyard › 2002

Rainbow Media Group

RMG · Telecom & Media · NYSE · in our data March 30, 2001 to August 20, 2002 (1.4 years)

The first trading day in our data for Rainbow Media Group is March 30, 2001 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 25, 2002, the market valued it at $2.1 billion. By the end it had fallen hard: the last trade was $9.35, -67.4% from its split-adjusted high. Our data does not say why it stopped trading.

2001-032002-08
Peak market value$2.1 billionJanuary 25, 2002
Highest split-adjusted share price$28.65January 25, 2002
Last share price$9.35August 20, 2002
From its split-adjusted high to the end-67.4%
Return over the days in our data-64.0%with dividends, before the last trade
Worst single day-33.1%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 2001. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Telecom & Media