Hindsight Market

The Graveyard › 1999

Asarco Inc

AR · Steel & Metals · NYSE · in our data January 2, 1968 to November 17, 1999 (31.9 years)

Our price history begins on January 2, 1968, and Asarco Inc was already trading then; how long before that, our data does not say. At its peak, on February 11, 1980, the market valued it at $1.7 billion. It left the market when it was bought or merged, last trading at $29.69, -13.8% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1968-011999-11
Peak market value$1.7 billionFebruary 11, 1980
Highest split-adjusted share price$34.45February 11, 1980
Last share price$29.69November 17, 1999
From its split-adjusted high to the end-13.8%
Return over the days in our data+250.8%with dividends, before the last trade
Worst single day-26.1%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.

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Also gone in 1999: Steel & Metals