Hindsight Market

The Graveyard › 2000

Telebanc Financial Corp

TBFC · Banks · NASDAQ · in our data July 23, 1998 to January 12, 2000 (1.5 years)

The first trading day in our data for Telebanc Financial Corp is July 23, 1998 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 13, 1999, the market valued it at $1.7 billion. It left the market when it was bought or merged, last trading at $27.19, -61.3% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1998-072000-01
Peak market value$1.7 billionApril 13, 1999
Highest split-adjusted share price$70.25April 13, 1999
Last share price$27.19January 12, 2000
From its split-adjusted high to the end-61.3%
Return over the days in our data+143.0%with dividends, before the last trade
Worst single day-35.9%April 14, 1999

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 1998. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Banks