Hindsight Market

The Graveyard › 1995

Continental Corp.

CIC · Insurance · NYSE · in our data August 19, 1968 to May 10, 1995 (26.7 years)

The first trading day in our data for Continental Corp. is August 19, 1968 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 23, 1987, the market valued it at $3.3 billion. It left the market without a crash, last trading at $19.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-081995-05
Peak market value$3.3 billionMarch 23, 1987
Highest split-adjusted share price$32.72March 23, 1987
Last share price$19.88May 10, 1995
From its split-adjusted high to the end-39.3%
Return over the days in our data+435.1%with dividends, before the last trade
Worst single day-20.3%September 24, 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 1968.

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Also gone in 1995: Insurance