Hindsight Market

The Graveyard › 1998

Casino Magic Corp

CMAG · Entertainment · NASDAQ · in our data October 23, 1992 to October 15, 1998 (6 years)

The first trading day in our data for Casino Magic Corp is October 23, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 27, 1993, the market valued it at $685 million. It ended in a collapse: the last trade was $2.25, -91.7% from its split-adjusted high. The delisting record says: delisted or deregistered.

1992-101998-10
Peak market value$685 millionMay 27, 1993
Highest split-adjusted share price$27.17May 27, 1993
Last share price$2.25October 15, 1998
From its split-adjusted high to the end-91.7%
Return over the days in our data-30.8%with dividends, before the last trade
Worst single day-25.8%March 20, 1997

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. How these numbers are made · Report a data issue.

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Also gone in 1998: Entertainment