Hindsight Market

The Graveyard › 2003

Cone Mills

CJML · Textiles · NYSE · in our data June 18, 1992 to September 15, 2003 (11.2 years)

The first trading day in our data for Cone Mills is June 18, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 31, 1993, the market valued it at $619 million. It ended in a collapse: the last trade was $1.08, -94.4% from its split-adjusted high. Our data does not say why it stopped trading.

1992-062003-09
Peak market value$619 millionMarch 31, 1993
Highest split-adjusted share price$19.38March 31, 1993
Last share price$1.08September 15, 2003
From its split-adjusted high to the end-94.4%
Return over the days in our data-89.2%with dividends, before the last trade
Worst single day-36.5%April 2, 2001

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

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