Hindsight Market

The Graveyard › 1991

Bank of New England Corp

NEBK · Banks · NYSE · in our data December 14, 1972 to January 7, 1991 (18.1 years)

Our price history begins on December 14, 1972, and Bank of New England Corp was already trading then; how long before that, our data does not say. At its peak, on August 21, 1987, the market valued it at $2.5 billion. It ended in a collapse: the last trade was $0.12, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1972-121991-01
Peak market value$2.5 billionAugust 21, 1987
Highest split-adjusted share price$32.14June 25, 1986
Last share price$0.12January 7, 1991
From its split-adjusted high to the end-99.6%
Return over the days in our data-94.3%with dividends, before the last trade
Worst single day-75.0%January 7, 1991

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 1972. How these numbers are made · Report a data issue.

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Also gone in 1991: Banks