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In March 2000, its stock reached a price $1,305 per share, but by 2002 the price had declined to $2 a share. [2] Blue Coat Systems (formerly CacheFlow): Its stock price rose over 400% on its first day of trading in November 1999. Boo.com: An online clothing retailer, it spent $188 million in just six months. It filed for bankruptcy in May 2000. [3]
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Today, circuit breakers are in place to prevent a repeat of Black Monday. After a 7% drop, trading would be suspended for 15 minutes, with the same 15 minute suspension kicking in after a 13% drop. However, in the event of a 20% drop, trading would be shut down for the remainder of the day. Rio de Janeiro Stock Exchange Crash Jun 1989 Brazil
Stocks tumble as traders do some profit taking. The Dow Jones Industrial Average (^DJI) slid 209 points, ending near its lowest level of the day. Most of the selling came in the final 30 minutes ...
Israel had more companies listed in 2012 on the NASDAQ stock exchange than any country outside of the United States and China. [1] [2] As of 2011, some sixty Israeli companies are listed on the Nasdaq. [3] 2000 was the year that saw the most new Israeli listings on the exchange – 33 companies. [4]
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The stock market is down Monday, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.20% and the S&P 500 down 0.20%. Today's winners include a materials manufacturer getting bought ...
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. [1] Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public. The list is ordered by the real amount lost, starting ...