Hindsight Market

The Graveyard › 1989

CNW Corp

9257B · Unknown · NYSE · in our data February 17, 1976 to October 26, 1989 (13.7 years)

The first trading day in our data for CNW Corp is February 17, 1976 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 18, 1983, the market valued it at $819 million. It left the market without a crash, last trading at $30.00. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1976-021989-10
Peak market value$819 millionOctober 18, 1983
Highest split-adjusted share price$48.00July 19, 1989
Last share price$30.00October 26, 1989
From its split-adjusted high to the end-37.5%
Return over the days in our data+2075.5%with dividends, before the last trade
Worst single day-20.3%October 19, 1987

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 1976.

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Also gone in 1989: Unknown