Hindsight Market

The Graveyard › 2016

Wave Systems Corp

WAVX · Software & Services · NASDAQ · in our data August 31, 1994 to February 9, 2016 (21.4 years)

The first trading day in our data for Wave Systems Corp is August 31, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 27, 2000, the market valued it at $1.8 billion. It ended in a collapse: the last trade was $0.07, -100.0% from its split-adjusted high. The delisting record says: dropped by the exchange (failure).

1994-082016-02
Peak market value$1.8 billionMarch 27, 2000
Highest split-adjusted share price$19015.28July 27, 1995
Last share price$0.07February 9, 2016
From its split-adjusted high to the end-100.0%
Return over the days in our data-100.0%with dividends, before the last trade
Worst single day-88.4%February 1, 2016

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 1994.

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Also gone in 2016: Software & Services