Hindsight Market

The Graveyard › 2002

CarMax

KMX · Auto Dealers · NYSE · in our data February 4, 1997 to September 30, 2002 (5.7 years)

The first trading day in our data for CarMax is February 4, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 9, 2002, the market valued it at $1.2 billion. By the end it had fallen hard: the last trade was $16.05, -51.8% from its split-adjusted high. Our data does not say why it stopped trading.

1997-022002-09
Peak market value$1.2 billionMay 9, 2002
Highest split-adjusted share price$33.30May 9, 2002
Last share price$16.05September 30, 2002
From its split-adjusted high to the end-51.8%
Return over the days in our data-24.0%with dividends, before the last trade
Worst single day-28.1%January 20, 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 1997.

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