The Graveyard › 1992

Continental Airlines

UAL2 · Airlines · AMEX · in our data December 14, 1972 to March 20, 1992 (19.3 years)

Our price history begins on December 14, 1972, and Continental Airlines was already trading then; how long before that, our data does not say. At its peak, on March 10, 1987, the market valued it at $1.9 billion. It ended in a collapse: the last trade was $0.25, -99.5% from its split-adjusted high. The delisting record says: likely failure.

1972-121992-03

Peak market value$1.9 billionMarch 10, 1987

Highest split-adjusted share price$50.25February 4, 1987

Last share price$0.25March 20, 1992

From its split-adjusted high to the end-99.5%

Return over the days in our data-93.7%with dividends, before the last trade

Worst single day-62.5%February 6, 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 1972.

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