Hindsight Market

The Graveyard › 1998

Albank Financial Corp

ALBK · Banks · NASDAQ · in our data April 1, 1992 to November 30, 1998 (6.7 years)

The first trading day in our data for Albank Financial Corp is April 1, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 14, 1998, the market valued it at $991 million. It left the market without a crash, last trading at $67.75. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1992-041998-11
Peak market value$991 millionJuly 14, 1998
Highest split-adjusted share price$74.19July 14, 1998
Last share price$67.75November 30, 1998
From its split-adjusted high to the end-8.7%
Return over the days in our data+667.9%with dividends, before the last trade
Worst single day-12.9%August 31, 1998

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 1992. How these numbers are made · Report a data issue.

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Also gone in 1998: Banks