Hindsight Market

The Graveyard › 1991

Continental Telecom

CTC · Telecom & Media · NYSE · in our data January 2, 1968 to March 13, 1991 (23.2 years)

Our price history begins on January 2, 1968, and Continental Telecom was already trading then; how long before that, our data does not say. At its peak, on March 13, 1991, the market valued it at $6.5 billion. It left the market without a crash, last trading at $41.00. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011991-03
Peak market value$6.5 billionMarch 13, 1991
Highest split-adjusted share price$41.00March 13, 1991
Last share price$41.00March 13, 1991
From its split-adjusted high to the end0.0%
Return over the days in our data+1098.6%with dividends, before the last trade
Worst single day-18.0%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 1968.

Play today's Daily Drop

Also gone in 1991: Telecom & Media