Hindsight Market

The Graveyard › 2008

WJ Communications Inc

WJCI · Electronics · NASDAQ · in our data August 18, 2000 to May 22, 2008 (7.8 years)

The first trading day in our data for WJ Communications Inc is August 18, 2000 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 31, 2000, the market valued it at $3.2 billion. It ended in a collapse: the last trade was $1.00, -98.3% from its split-adjusted high. The delisting record says: merged or acquired.

2000-082008-05
Peak market value$3.2 billionAugust 31, 2000
Highest split-adjusted share price$58.94August 31, 2000
Last share price$1.00May 22, 2008
From its split-adjusted high to the end-98.3%
Return over the days in our data-96.9%with dividends, before the last trade
Worst single day-31.0%March 13, 2001

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 2000.

Could you have seen it coming? Play The Crash of '08

Also gone in 2008: Electronics