Volcano Corporation (VOLC) on Google Finance
While Volcano Corporation no longer trades publicly, a historical record of its performance and financial data can still be accessed through Google Finance. This information provides valuable insights for those studying past market trends, mergers and acquisitions, or the medical technology industry.
A Snapshot of VOLC
Volcano Corporation was a leading provider of intravascular imaging and physiology technologies, primarily used for diagnosing and treating cardiovascular and peripheral vascular diseases. Their core products included intravascular ultrasound (IVUS) and fractional flow reserve (FFR) systems, which helped physicians visualize the inside of blood vessels and assess the significance of arterial blockages.
Accessing Historical Data on Google Finance
Even though VOLC is not actively traded, Google Finance retains its historical stock quotes, charts, and financial reports. To find it, search “Volcano Corporation stock” on Google, which often leads to a Google Finance page. The page typically includes a disclaimer stating that the security is no longer trading. However, navigating the page allows you to explore:
- Historical Stock Prices: View the daily, weekly, monthly, and yearly stock performance of VOLC from its initial public offering (IPO) until its acquisition. This allows for analysis of price fluctuations, trading volumes, and key events that may have influenced the stock’s value.
- Charts: Examine interactive charts showcasing the historical stock price trends. Google Finance provides tools to zoom in on specific periods, compare VOLC’s performance to other companies or market indexes, and add technical indicators for further analysis.
- Financial Statements: Access previously filed financial statements, including income statements, balance sheets, and cash flow statements. These reports provide a deeper understanding of Volcano Corporation’s revenue, expenses, assets, liabilities, and cash flow management.
- News Archives: Review past news articles and press releases related to Volcano Corporation. This can provide context to the company’s performance, including product launches, clinical trial results, regulatory approvals, and acquisition announcements.
Acquisition by Philips
Volcano Corporation was acquired by Royal Philips in early 2015. The acquisition, valued at approximately $1.2 billion, was a strategic move for Philips to strengthen its position in the image-guided therapy market. As a result of the acquisition, VOLC was delisted from the NASDAQ stock exchange, and its shares ceased to trade publicly. The historical data on Google Finance represents the company’s performance before this acquisition.
Insights and Analysis
Studying Volcano Corporation’s historical data on Google Finance can offer several valuable insights. It can demonstrate the growth trajectory of a medical technology company, the impact of new technologies on stock performance, and the dynamics of mergers and acquisitions within the healthcare sector. Furthermore, it allows for analysis of how market sentiment and external factors influenced the company’s valuation over time. While no longer a live stock, VOLC’s archived data remains a valuable resource for financial analysts, researchers, and anyone interested in the history of the medical device industry.