Rambus (RMBS) stock, as some veteran investors will recall, essentially retired during the dot-com bubble. The business kept going, but the stock, as you can see from this monthly price chart going back 30 years (left side, purple markings), went from obscure tech stock to a $120 titan.
Less than two years later, the stock changed hands for $4 a share. And yet, to the company’s credit, as the chart shows, it made it all the way back, and more, hitting an all-time high of about $160 on April 24. Yet RMBS traded for just $40 about 12 months ago.
