What if I had invested? › Redback Networks

$1,000 in Redback Networks in 2003

$1,000 put into Redback Networks (RBAK) on January 2, 2003, its first trading day of 2003 in our data, was worth $232 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 $1,262.

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, 2003, 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 · 2002

Also in 2003

• Nvidia · $1,000 became $2,396,773
• Apple Inc. · $1,000 became $1,511,802
• Microsoft · $1,000 became $30,222
• Amazon · $1,000 became $254,741
• Micron Technology · $1,000 became $109,514
• Lilly (Eli) · $1,000 became $33,095
• Walmart · $1,000 became $9,820
• Jpmorgan Chase & Co · $1,000 became $24,305

History, not advice. How these numbers are made.