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In mid-2000, at the zenith of the company's success, they were worth more than C$1,100 each, adjusted for a stock consolidation that took place in late 2006. W
by fallentimes 18y ago
In mid-2000, at the zenith of the company's success, they were worth more than C$1,100 each, adjusted for a stock consolidation that took place in late 2006.
Wow, what a free fall.
- iigs 18y ago"It's obviously a remarkable transformation from where it was as the largest company in Canada worth about 35 percent of the TSX in 2000," said Gavin Graham, director of investments at BMO Asset Management. Wow, indeed! Over one third of the entire value of the Toronto Stock Exchange during the bubble. I don't know much about the business aspects of Nortel, but I bet they'll be subject of many b-school case studies.