Hindsight Market

The Graveyard › 1998

Citfed Bancorp Inc

CTZN · Banks · NASDAQ · in our data January 22, 1992 to June 25, 1998 (6.4 years)

The first trading day in our data for Citfed Bancorp Inc is January 22, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 24, 1998, the market valued it at $794 million. It left the market without a crash, last trading at $59.88. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1992-011998-06
Peak market value$794 millionJune 24, 1998
Highest split-adjusted share price$61.06June 24, 1998
Last share price$59.88June 25, 1998
From its split-adjusted high to the end-1.9%
Return over the days in our data+1458.3%with dividends, before the last trade
Worst single day-7.7%May 18, 1992

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.

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Also gone in 1998: Banks