Hindsight Market

The Graveyard › 1998

Beneficial Corporation

BNL · Lending · NYSE · in our data January 2, 1968 to June 30, 1998 (30.5 years)

Our price history begins on January 2, 1968, and Beneficial Corporation was already trading then; how long before that, our data does not say. At its peak, on June 25, 1998, the market valued it at $8.7 billion. It left the market without a crash, last trading at $153.19. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1968-011998-06
Peak market value$8.7 billionJune 25, 1998
Highest split-adjusted share price$159.62June 25, 1998
Last share price$153.19June 30, 1998
From its split-adjusted high to the end-4.0%
Return over the days in our data+7261.2%with dividends, before the last trade
Worst single day-23.8%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 1998: Lending