Hindsight Market

The Graveyard › 1989

Cameron Iron Works

CIW · Unknown · NYSE · in our data November 20, 1973 to November 29, 1989 (16 years)

The first trading day in our data for Cameron Iron Works is November 20, 1973 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 28, 1980, the market valued it at $1.9 billion. By the end it had fallen hard: the last trade was $25.12, -58.9% from its split-adjusted high. Our data does not say why it stopped trading.

1973-111989-11
Peak market value$1.9 billionNovember 28, 1980
Highest split-adjusted share price$61.12November 28, 1980
Last share price$25.12November 29, 1989
From its split-adjusted high to the end-58.9%
Return over the days in our data+184.7%with dividends, before the last trade
Worst single day-15.4%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 1973.

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Also gone in 1989: Unknown