How has the Alcatel-Lucent stock price changed over time?


Quick Answer

Alcatel-Lucent, trading under ticker symbol ALU, traded as high as $82 per share in July 2000, but fell to around $2 per share by mid-2002, according to Yahoo! Finance. As of December 2015, the stock price has not risen above $5 per share for four straight years but boasts a market capitalization over $11 billion.

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Full Answer

Alcatel-Lucent is a French communication equipment company founded in 1898, reports Yahoo! Finance. From 1992 to 1997, the company's stock traded between $15 and $26 per share. ALU stock shares were volatile in 1998, shooting from $26 to $43 per share before falling back to $17. During the two-year period that began in August 1998, ALU stock rose rapidly to more than quadruple its price before falling throughout August 2002. From 2002 to early 2004, the stock price recovered to $16 per share, and then traded steadily between $10 and $15 through 2007 before falling through early 2009.

Although based in Paris, Alcatel-Lucent sells 44 percent of its products in North America and 23 percent in Europe, according to the company's website. The company trades on both the Euronext Paris and New York Stock Exchanges. Alcatel-Lucent employs more than 50,000 people worldwide with two-thirds of employees based in Europe and the Asian Pacific region. About one-quarter of Alcatel-Lucent employees are based in North America.

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