Hindsight Market

The Graveyard › 1993

Amax Inc.

AMX · Steel & Metals · NYSE · in our data January 2, 1968 to November 15, 1993 (25.9 years)

Our price history begins on January 2, 1968, and Amax Inc. was already trading then; how long before that, our data does not say. At its peak, on April 2, 1981, the market valued it at $4.3 billion. By the end it had fallen hard: the last trade was $22.88, -57.8% from its split-adjusted high. Our data does not say why it stopped trading.

1968-011993-11
Peak market value$4.3 billionApril 2, 1981
Highest split-adjusted share price$54.22August 5, 1981
Last share price$22.88November 15, 1993
From its split-adjusted high to the end-57.8%
Return over the days in our data+136.8%with dividends, before the last trade
Worst single day-22.5%October 19, 1987

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 1968. How these numbers are made · Report a data issue.

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Also gone in 1993: Steel & Metals