Hindsight Market

The Graveyard › 2003

Riverstone Networks Inc

RSTN · Machinery & Computers · NASDAQ · in our data February 16, 2001 to September 10, 2003 (2.6 years)

The first trading day in our data for Riverstone Networks Inc is February 16, 2001 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 21, 2001, the market valued it at $2.5 billion. It ended in a collapse: the last trade was $1.05, -95.6% from its split-adjusted high. Our data does not say why it stopped trading.

2001-022003-09
Peak market value$2.5 billionMay 21, 2001
Highest split-adjusted share price$23.66May 21, 2001
Last share price$1.05September 10, 2003
From its split-adjusted high to the end-95.6%
Return over the days in our data-92.0%with dividends, before the last trade
Worst single day-49.7%February 28, 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.

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Also gone in 2003: Machinery & Computers