Hindsight Market

The Graveyard › 2001

Rhythms Netconnections Inc

RTHM · Software & Services · NASDAQ · in our data April 7, 1999 to May 29, 2001 (2.1 years)

The first trading day in our data for Rhythms Netconnections Inc is April 7, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 13, 1999, the market valued it at $6.6 billion. It ended in a collapse: the last trade was $0.27, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1999-042001-05
Peak market value$6.6 billionApril 13, 1999
Highest split-adjusted share price$93.13April 13, 1999
Last share price$0.27May 29, 2001
From its split-adjusted high to the end-99.7%
Return over the days in our data-99.6%with dividends, before the last trade
Worst single day-50.0%April 3, 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 1999. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Software & Services