Hindsight Market

The Graveyard › 1991

C & S Sovran Corp

CVN · Banks · NYSE · in our data September 10, 1990 to December 31, 1991 (1.3 years)

The first trading day in our data for C & S Sovran Corp is September 10, 1990 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 27, 1991, the market valued it at $4.7 billion. It left the market without a crash, last trading at $34.12. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1990-091991-12
Peak market value$4.7 billionDecember 27, 1991
Highest split-adjusted share price$34.25December 27, 1991
Last share price$34.12December 31, 1991
From its split-adjusted high to the end-0.4%
Return over the days in our data+95.9%with dividends, before the last trade
Worst single day-12.8%October 23, 1990

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 1990.

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Also gone in 1991: Banks