Hello.
Yahoo's intraday all-time high was reached on January 4, 2000, when
the stock hit $500.13. On a split-adjusted basis (after two 2-for-1
splits) this would be the equivalent of $125.03 in today's shares.
The all-time high close was on January 3, 2000, when the stock closed
at $475.00. On a split-adjusted basis (after two 2-for-1 splits)
this would be the equivalent of $118.75 in today's shares.
Exact prices for that period, courtesy of Yahoo Finance Historical Quotes:
http://finance.yahoo.com/q/hp?s=YHOO&a=00&b=01&c=2000&d=00&e=07&f=2000&g=d
----------
A review of its stock chart indicates that Yahoo bottomed out in third
quarter of 2001.
http://finance.yahoo.com/q/bc?s=YHOO&t=my
Specifically, the low was reached on September 27, 2001, when the
stock dropped to $8.02. On a split-adjusted basis (after one 2-for-1
split) this would be the equivalent of $4.01 in today's shares.
The low close was actually a day earlier (September 26, 2001), when
the stock closed at $8.11. On a split-adjusted basis (after one
2-for-1 split) this would be the equivalent of $4.05 in today's
shares.
Exact prices for September 2001, courtesy of Yahoo Finance Historical Quotes:
http://finance.yahoo.com/q/hp?s=YHOO&a=08&b=01&c=2001&d=09&e=01&f=2001&g=d
As for market cap at that point...
According to its 2001 10-K, Yahoo had 594,973,823 shares at the time,
(again this was before the most recent 2-for-1 split which double
Yahoo's outstanding shares to around 1.3 billion).
http://docs.yahoo.com/info/investor/ar01/yahoo_10k2001.pdf
Also see the 2001 Annual Report from which we can determine the number
of outstanding shares for the end of 2000 and 1999 as well:
http://docs.yahoo.com/info/investor/ar01/yahoo_ar2001.pdf
As such, the September 27, 2001 low implied a market cap of
approximately $4.7 billion (i.e., $8.02 * 594,973,823).
That was quite a drop from the January 4, 2000 intra-day high when the
market cap was approximately $132.5 billion (i.e., $500.13 *
approximately 265 million shares at the time).
Thus to sum up...
Approximate
Date Market Cap (billions)
---- ----------
1/4/2000 (intra-day high) $ 132.5
9/27/2001 (bottom out) $ 4.7
9/14/2004 (yesterday) $ 45.2
-------------
search strategy:
yahoo finance, historical quotes
yahoo, 10-k, 2000
I hope that this completely answers your question. If anything is
unclear, please let me know via the "request clarification" feature.
Thanks. |
Clarification of Answer by
juggler-ga
on
15 Sep 2004 08:15 PDT
Hi,
The April 2001 low was reached on April 3, 2001, when the stock
dropped to $11.38. On a split-adjusted basis (after one 2-for-1 split)
this would be the equivalent of $5.69 in today's shares.
As such, the April 3, 2001 low implied a market cap of approximately
$6.7 billion (i.e., $11.38 * 594,973,823 shares).
Let me know if you need anything else on this. Thanks.
|
