Hindsight Market

The Graveyard › 2003

BMC Industries Inc

BMMI · Metal Products · NYSE · in our data December 14, 1972 to August 18, 2003 (30.7 years)

Our price history begins on December 14, 1972, and BMC Industries Inc was already trading then; how long before that, our data does not say. At its peak, on June 16, 1997, the market valued it at $969 million. It ended in a collapse: the last trade was $0.27, -99.2% from its split-adjusted high. The delisting record says: likely failure.

1972-122003-08
Peak market value$969 millionJune 16, 1997
Highest split-adjusted share price$33.88June 16, 1997
Last share price$0.27August 18, 2003
From its split-adjusted high to the end-99.2%
Return over the days in our data-86.4%with dividends, before the last trade
Worst single day-42.5%November 19, 1997

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.

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Also gone in 2003: Metal Products