Hindsight Market

The Graveyard › 1998

CML Group

CMLK · Misc Manufacturing · NYSE · in our data November 22, 1983 to December 17, 1998 (15.1 years)

The first trading day in our data for CML Group is November 22, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 18, 1993, the market valued it at $1.6 billion. It ended in a collapse: the last trade was $0.17, -99.5% from its split-adjusted high. The delisting record says: likely failure.

1983-111998-12
Peak market value$1.6 billionOctober 18, 1993
Highest split-adjusted share price$31.17October 18, 1993
Last share price$0.17December 17, 1998
From its split-adjusted high to the end-99.5%
Return over the days in our data-91.9%with dividends, before the last trade
Worst single day-52.0%July 13, 1998

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 1983.

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