Hindsight Market

The Graveyard › 2022

South Mountain Merger Corp

BTRS · Publishing · NASDAQ · in our data July 29, 2019 to December 15, 2022 (3.4 years)

The first trading day in our data for South Mountain Merger Corp is July 29, 2019 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 16, 2021, the market valued it at $2.7 billion. It left the market when it was bought or merged, last trading at $9.49, -50.9% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

2019-072022-12
Peak market value$2.7 billionFebruary 16, 2021
Highest split-adjusted share price$19.33February 16, 2021
Last share price$9.49December 15, 2022
From its split-adjusted high to the end-50.9%
Return over the days in our data-2.6%with dividends, before the last trade
Worst single day-22.7%May 11, 2022

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 2019.

Could you have seen it coming? Play The Bear of '22

Also gone in 2022: Publishing