Hindsight Market

The Graveyard › 1980

Chessie System

CO · Unknown · NYSE · in our data January 2, 1968 to October 31, 1980 (12.8 years)

Our price history begins on January 2, 1968, and Chessie System was already trading then; how long before that, our data does not say. At its peak, on October 22, 1980, the market valued it at $892 million. It left the market without a crash, last trading at $41.38. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011980-10
Peak market value$892 millionOctober 22, 1980
Highest split-adjusted share price$43.81October 22, 1980
Last share price$41.38October 31, 1980
From its split-adjusted high to the end-5.6%
Return over the days in our data+222.3%with dividends, before the last trade
Worst single day-19.3%November 16, 1971

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 1980: Unknown