The Graveyard › 2008

Chesapeake

CSKEQ · Paper · NYSE · in our data January 2, 1968 to October 7, 2008 (40.8 years)

Our price history begins on January 2, 1968, and Chesapeake was already trading then; how long before that, our data does not say. At its peak, on September 12, 1995, the market valued it at $924 million. It ended in a collapse: the last trade was $0.15, -99.5% from its split-adjusted high. The delisting record says: likely failure.

1968-012008-10

Peak market value$924 millionSeptember 12, 1995

Highest split-adjusted share price$28.57July 10, 1998

Last share price$0.15October 7, 2008

From its split-adjusted high to the end-99.5%

Return over the days in our data-80.7%with dividends, before the last trade

Worst single day-71.7%October 3, 2008

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

Could you have seen it coming? Play The Crash of '08