Hindsight Market

The Graveyard › 2003

Tellium Inc

TELM · Electronics · NASDAQ · in our data May 17, 2001 to November 13, 2003 (2.5 years)

The first trading day in our data for Tellium Inc is May 17, 2001 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 22, 2001, the market valued it at $3.0 billion. It ended in a collapse: the last trade was $1.69, -93.8% from its split-adjusted high. Our data does not say why it stopped trading.

2001-052003-11
Peak market value$3.0 billionMay 22, 2001
Highest split-adjusted share price$27.10May 22, 2001
Last share price$1.69November 13, 2003
From its split-adjusted high to the end-93.8%
Return over the days in our data-91.9%with dividends, before the last trade
Worst single day-30.1%July 1, 2002

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 2001.

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Also gone in 2003: Electronics