Notoriety
e.Digital is perhaps best known for a phenomenal rise in the price of its stock during the dot-com bubble from a low of $0.06 in January 1999 to an intra-day peak of $24.50 on January 24, 2000, fuelled primarily by speculation on multiple internet message boards, most prominently the Raging Bull forum that the stock would become listed on the NASDAQ stock exchange. The share price quickly receded and NASDAQ eventually denied the listing. The price of its stock dropped back to a low of $0.025 and has traded between $0.025 - $0.125 from September 1, 2010 - September 1, 2011.
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Famous quotes containing the word notoriety:
“Our books are false by being fragmentary: their sentences are bon mots, and not parts of natural discourse; childish expressions of surprise or pleasure in nature; or, worse, owing a brief notoriety to their petulance, or aversion from the order of nature,—being some curiosity or oddity, designedly not in harmony with nature, and purposely framed to excite surprise, as jugglers do by concealing their means.”
—Ralph Waldo Emerson (1803–1882)