The company 's stock price plunged in response to the departures and to wider - than - expected losses : the stock closed at 18 cents in late March 2001 .
The stock had traded as high as $60.94 a share in 2000 ( after a split ) .
The company 's stock price plunged in response to the departures and to wider - than - expected losses : the stock , which had traded as high as $60.94 a share in 2000 ( after a split ) , closed at 18 cents in late March 2001 .