Hindsight Market

The Graveyard › 1993

Wang Labs Inc

WANG · Software & Services · AMEX · in our data April 12, 1976 to September 21, 1993 (17.4 years)

The first trading day in our data for Wang Labs Inc is April 12, 1976 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 1, 1983, the market valued it at $5.1 billion. It ended in a collapse: the last trade was $0.25, -99.4% from its split-adjusted high. The delisting record says: likely failure.

1976-041993-09
Peak market value$5.1 billionJuly 1, 1983
Highest split-adjusted share price$39.64May 25, 1983
Last share price$0.25September 21, 1993
From its split-adjusted high to the end-99.4%
Return over the days in our data-66.7%with dividends, before the last trade
Worst single day-75.0%March 16, 1993

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 1976.

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