Hindsight Market

The Graveyard › 2000

Ubid Inc

UBID · Retail · NASDAQ · in our data December 4, 1998 to April 28, 2000 (1.4 years)

The first trading day in our data for Ubid Inc is December 4, 1998 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 23, 1998, the market valued it at $1.7 billion. It ended in a collapse: the last trade was $18.44, -90.2% from its split-adjusted high. The delisting record says: merged or acquired.

1998-122000-04
Peak market value$1.7 billionDecember 23, 1998
Highest split-adjusted share price$188.00December 23, 1998
Last share price$18.44April 28, 2000
From its split-adjusted high to the end-90.2%
Return over the days in our data-61.6%with dividends, before the last trade
Worst single day-35.3%December 24, 1998

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.

Could you have seen it coming? Play Dot-com

Also gone in 2000: Retail