Hindsight Market

The Graveyard › 1985

Carnation

CMK · Unknown · NYSE · in our data January 2, 1968 to January 21, 1985 (17.1 years)

Our price history begins on January 2, 1968, and Carnation was already trading then; how long before that, our data does not say. At its peak, on January 11, 1985, the market valued it at $2.9 billion. It left the market without a crash, last trading at $83.25. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011985-01
Peak market value$2.9 billionJanuary 11, 1985
Highest split-adjusted share price$83.25January 21, 1985
Last share price$83.25January 21, 1985
From its split-adjusted high to the end0.0%
Return over the days in our data+718.9%with dividends, before the last trade
Worst single day-9.8%December 5, 1973

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 1968.

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Also gone in 1985: Unknown