Hindsight Market

The Graveyard › 1998

Acterna Corp

3ACTRQ · Instruments & Medical Devices · NYSE · in our data January 8, 1974 to May 21, 1998 (24.4 years)

The first trading day in our data for Acterna Corp is January 8, 1974 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 14, 1996, the market valued it at $989 million. It left the market when it was bought or merged, last trading at $50.12, -13.6% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1974-011998-05
Peak market value$989 millionNovember 14, 1996
Highest split-adjusted share price$58.00November 14, 1996
Last share price$50.12May 21, 1998
From its split-adjusted high to the end-13.6%
Return over the days in our data+11178.0%with dividends, before the last trade
Worst single day-26.2%October 1, 1975

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 1974.

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Also gone in 1998: Instruments & Medical Devices