Hindsight Market

The Graveyard › 1999

System Software Assoc Inc

SSAXQ · Software & Services · NASDAQ · in our data February 12, 1987 to October 22, 1999 (12.7 years)

The first trading day in our data for System Software Assoc Inc is February 12, 1987 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 22, 1995, the market valued it at $1.2 billion. It ended in a collapse: the last trade was $2.38, -98.0% from its split-adjusted high. Our data does not say why it stopped trading.

1987-021999-10
Peak market value$1.2 billionSeptember 22, 1995
Highest split-adjusted share price$119.47September 22, 1995
Last share price$2.38October 22, 1999
From its split-adjusted high to the end-98.0%
Return over the days in our data-69.5%with dividends, before the last trade
Worst single day-36.5%December 9, 1997

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 1987. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Software & Services