Hindsight Market

The Graveyard › 2001

Star Telecommunications Inc

STRX · Telecom & Media · NASDAQ · in our data June 12, 1997 to March 9, 2001 (3.7 years)

The first trading day in our data for Star Telecommunications Inc is June 12, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 2, 1998, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.12, -99.6% from its split-adjusted high. The delisting record says: merged or acquired.

1997-062001-03
Peak market value$1.1 billionApril 2, 1998
Highest split-adjusted share price$34.37April 2, 1998
Last share price$0.12March 9, 2001
From its split-adjusted high to the end-99.6%
Return over the days in our data-97.9%with dividends, before the last trade
Worst single day-71.4%January 10, 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 1997.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Telecom & Media