Hindsight Market

The Graveyard › 1991

Cetus Corp

CTUS · Chemicals & Drugs · NASDAQ · in our data March 6, 1981 to December 12, 1991 (10.8 years)

The first trading day in our data for Cetus Corp is March 6, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 16, 1986, the market valued it at $1.0 billion. By the end it had fallen hard: the last trade was $19.00, -53.4% from its split-adjusted high. Our data does not say why it stopped trading.

1981-031991-12
Peak market value$1.0 billionApril 16, 1986
Highest split-adjusted share price$40.75April 16, 1986
Last share price$19.00December 12, 1991
From its split-adjusted high to the end-53.4%
Return over the days in our data-18.1%with dividends, before the last trade
Worst single day-26.6%July 31, 1990

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 1981.

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Also gone in 1991: Chemicals & Drugs