Hindsight Market

The Graveyard › 2001

Burlington Industries Equity

3BRLGQ · Textiles · NYSE · in our data March 19, 1992 to November 14, 2001 (9.7 years)

The first trading day in our data for Burlington Industries Equity is March 19, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 8, 1994, the market valued it at $1.2 billion. It ended in a collapse: the last trade was $0.75, -95.9% from its split-adjusted high. The delisting record says: likely failure.

1992-032001-11
Peak market value$1.2 billionMarch 8, 1994
Highest split-adjusted share price$18.44May 4, 1998
Last share price$0.75November 14, 2001
From its split-adjusted high to the end-95.9%
Return over the days in our data-94.6%with dividends, before the last trade
Worst single day-27.7%June 19, 2000

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 1992.

Could you have seen it coming? Play Dot-com

Also gone in 2001: Textiles