BLOOMBROKE
NEW YORK MARKET CLOSED

Nortel stock

Nortel (NT): filed for bankruptcy 14 Jan 2009. Peak price $890.00 a share (Jul 2000). Final price $0.32 a share (13 Jan 2009). Nortel and the other defunct companies are on one page, each with its dates, prices and sources.

A headstone: NT. Nortel. Filed for bankruptcy 14 Jan 2009.
The Nortel headstone in the Bloombroke graveyard: filed for bankruptcy 14 Jan 2009.

Key dates and prices

TickerNT
Peak price$890.00 a share, Jul 2000
Share basispost Dec 2006 1-for-10 consolidation shares (NYSE high of $89.00 on pre-consolidation shares x 10)
Final price$0.32 a share, 13 Jan 2009 (last close before delisting)
What happenedFiled for bankruptcy, 14 Jan 2009
Checked27 Sep 2026

What happened

At its peak Nortel employed more than 90,000 people, and in July 2000 its shares were worth the equivalent of C$1,245 each after the later 1-for-10 consolidation.

It was by far the most valuable company on the Toronto Stock Exchange during the tech boom.

Nortel's market value peaked at about C$366 billion; by Jan 13, 2009 it was C$191 million.

It filed for creditor protection in Canada and Chapter 11 in the US on Jan 14, 2009, with a $107 million bond interest payment due.

Its workforce had shrunk from more than 90,000 in 2000 to about 30,000 by the end of 2008.

Its businesses were sold off for $7.3 billion, and the US case lasted about 2,930 days.

Cause: Accounting crisis, then Chapter 11. Worth C$366 billion in 2000. C$191 million by 2009.

What was the ticker symbol for Nortel stock?

Nortel traded under the ticker NT. Nortel: filed for bankruptcy 14 Jan 2009.

What was the peak price of Nortel stock?

The peak price was $890.00 a share, in Jul 2000. Share basis: post Dec 2006 1-for-10 consolidation shares (NYSE high of $89.00 on pre-consolidation shares x 10).

What was the final price of Nortel stock?

The final price was $0.32 a share, on 13 Jan 2009 (last close before delisting). Nortel: filed for bankruptcy 14 Jan 2009.

Checked 27 September 2026. History, not advice.

Sources: cbsnews.com, theglobeandmail.com, nbcnews.com, sec.gov, fortune.com, sec.gov, computerworld.com, sec.gov

More: defunct companies

READY Not financial adviceTermsFeedback