What if I had invested $1,000 in Redback Networks in 2002?

What if I had invested? › Redback Networks

$1,000 in Redback Networks in 2002

$1,000 put into Redback Networks (RBAK) on January 2, 2002, its first trading day of 2002 in our data, was worth $46.71 on January 2, 2004, its last trading day, with dividends counted. Over the same days to January 2, 2004, $1,000 in the whole US stock market became $1,032.

$1,000 became$46.71by January 2, 2004

Total return-95.3%dividends counted

A year, on average-78.4%over 2.0 years

The whole US market$1,032same days to January 2, 2004, dividends counted

The S&P 500 index$960price only, no dividends

Redback Networks no longer trades. Its last trading day was January 2, 2004; the delisting record says: merged or acquired. The figure above is what the shares were worth at the last trade. What holders received after that (a merger payout, or nothing in a bankruptcy) is not in our price data.

Bought at the close on January 2, 2002, dividends put back in, no costs and no tax. Dividends are counted to the end of 2024; from 2025 on our prices are adjusted for splits only, so dividends paid since then are left out. The stock figure counts dividends; the S&P 500 index figure does not, so compare the stock with the whole-market figure. The market figure is the Fama-French US market return (Kenneth R. French data library), which runs to July 31, 2026. Our stock prices run to September 23, 2026.

Another stock, another year

Redback Networks in: 1999 · 2000 · 2001 · 2003

Also in 2002

Nvidia · $1,000 became $438,402
Apple Inc. · $1,000 became $960,286
Microsoft · $1,000 became $24,217
Amazon · $1,000 became $454,858
Micron Technology · $1,000 became $32,947
Lilly (Eli) · $1,000 became $28,476
Walmart · $1,000 became $8,776
Jpmorgan Chase & Co · $1,000 became $17,922

Ask the Lab what the market did next

History, not advice. How these numbers are made.