The Graveyard › 2000

Banknorth Group Inc-old

BKNG. · Banks · NASDAQ · in our data December 1, 1989 to May 10, 2000 (10.4 years)

The first trading day in our data for Banknorth Group Inc-old is December 1, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 4, 1999, the market valued it at $815 million. It left the market without a crash, last trading at $21.69. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1989-122000-05

Peak market value$815 millionNovember 4, 1999

Highest split-adjusted share price$38.00July 17, 1998

Last share price$21.69May 10, 2000

From its split-adjusted high to the end-42.9%

Return over the days in our data+169.0%with dividends, before the last trade

Worst single day-21.7%January 23, 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 1989.

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Also gone in 2000: Banks

J.P. Morgan peaked at $28.9 billion
First Security Corp peaked at $5.8 billion
U S Trust Corp peaked at $4.0 billion
CCB Financial Corp peaked at $2.4 billion
Keystone Financial Inc peaked at $2.2 billion
Telebanc Financial Corp peaked at $1.7 billion