Enron Stock Chart Briefly Explained
Shares of Enron stock reached their highest price on August 23rd, 2000 when shares reached a price of .75! The high share price gave Enron a market cap of about billion, enough to make it the 7th largest publicly traded company.
The business press ate it up; so did Wall Street, sending the stock into the stratosphere. At its peak, Enron was worth about billion, its shares trading for about each.
Beside above, how much is Jeff Skilling worth? Jeff Skilling Net Worth and salary: Jeff Skilling is a former CEO of the Enron Corporation who has a net worth of thousand. Born November 25, 1953 in Pittsburgh, Pennsylvania, Skilling was convicted in 2006 of multiple federal felony charges related to Enrons financial collapse.
Also question is, when did Enrons stock peak?
At Enrons peak, its shares were worth .75; when the firm declared bankruptcy on December 2, 2001, they were trading at sh.26. To this day, many wonder how such a powerful business, at the time one of the largest companies in the United States, disintegrated almost overnight.
What exactly did Enron do?
Enron does a lot of things, but mainly it buys and sells energy. Enron used Wall Street magic to transform energy supplies into financial instruments that could be traded online like stocks and bonds. These contracts guaranteed customers a steady supply at a predictable price.
