Most of those folks are severely underwater right now. That is unless they bought the stock during the past two years. NVIDIA has without a doubt made a lot of investors rich. It's difficult to find a stock from the late 1990s that has returned over 35K%. (BlackRock ( BLK ) is the other, if you are curious.) Data by YCharts There are two exceptions to this dismal trend that I'm aware of, and NVIDIA ( NASDAQ: NVDA ) is one of them. Most of the rest have never recovered the stock prices achieved at their IPOs or soon after. They either crashed and were bought out at very low prices, or they went bankrupt. The vast majority of stocks that went public that year are no longer around. Anilakkus/iStock via Getty Images Introductionġ999 was not a great year to be buying initial public offerings in the stock market.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |