Hindsight Market

The Graveyard › 2015

Vitesse Semiconductor

VTSS · Electronics · NASDAQ · in our data December 11, 1991 to April 27, 2015 (23.4 years)

The first trading day in our data for Vitesse Semiconductor is December 11, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 28, 2000, the market valued it at $16.9 billion. It ended in a collapse: the last trade was $5.28, -98.9% from its split-adjusted high. The delisting record says: merged or acquired.

1991-122015-04
Peak market value$16.9 billionAugust 28, 2000
Highest split-adjusted share price$485.52March 1, 2000
Last share price$5.28April 27, 2015
From its split-adjusted high to the end-98.9%
Return over the days in our data-32.4%with dividends, before the last trade
Worst single day-50.0%July 2, 1992

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 1991.

Play today's Daily Drop

Also gone in 2015: Electronics