Hindsight Market

The Graveyard › 2009

Caraustar Industries Inc

CSAR · Paper · NASDAQ · in our data October 1, 1992 to June 10, 2009 (16.7 years)

The first trading day in our data for Caraustar Industries Inc is October 1, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 15, 1997, the market valued it at $944 million. It ended in a collapse: the last trade was $0.08, -99.8% from its split-adjusted high. The delisting record says: likely failure.

1992-102009-06
Peak market value$944 millionOctober 15, 1997
Highest split-adjusted share price$32.46October 15, 1997
Last share price$0.08June 10, 2009
From its split-adjusted high to the end-99.8%
Return over the days in our data-99.3%with dividends, before the last trade
Worst single day-56.9%February 27, 2009

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 The Crash of '08

Also gone in 2009: Paper