Hindsight Market

The Graveyard › 1994

Synoptics Communications Inc

SNPX. · Machinery & Computers · NASDAQ · in our data August 19, 1988 to October 20, 1994 (6.2 years)

The first trading day in our data for Synoptics Communications Inc is August 19, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 26, 1993, the market valued it at $2.6 billion. By the end it had fallen hard: the last trade was $17.62, -58.5% from its split-adjusted high. Our data does not say why it stopped trading.

1988-081994-10
Peak market value$2.6 billionMay 26, 1993
Highest split-adjusted share price$42.50May 26, 1993
Last share price$17.62October 20, 1994
From its split-adjusted high to the end-58.5%
Return over the days in our data+623.1%with dividends, before the last trade
Worst single day-16.4%July 15, 1993

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 1988. How these numbers are made · Report a data issue.

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Also gone in 1994: Machinery & Computers