Hindsight Market

The Graveyard › 2006

Dana

DCN · Autos & Aerospace · NYSE · in our data January 2, 1968 to March 3, 2006 (38.2 years)

Our price history begins on January 2, 1968, and Dana was already trading then; how long before that, our data does not say. At its peak, on May 11, 1999, the market valued it at $8.8 billion. It ended in a collapse: the last trade was $0.69, -98.6% from its split-adjusted high. The delisting record says: likely failure.

1968-012006-03
Peak market value$8.8 billionMay 11, 1999
Highest split-adjusted share price$49.16April 21, 1998
Last share price$0.69March 3, 2006
From its split-adjusted high to the end-98.6%
Return over the days in our data-13.2%with dividends, before the last trade
Worst single day-52.1%February 24, 2006

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 2006: Autos & Aerospace