Hindsight Market

The Graveyard › 2005

Delta Air Lines

DAL · Airlines · NYSE · in our data January 2, 1968 to October 12, 2005 (37.8 years)

Our price history begins on January 2, 1968, and Delta Air Lines was already trading then; how long before that, our data does not say. At its peak, on July 14, 1998, the market valued it at $10.8 billion. It ended in a collapse: the last trade was $0.62, -99.1% from its split-adjusted high. The delisting record says: likely failure.

1968-012005-10
Peak market value$10.8 billionJuly 14, 1998
Highest split-adjusted share price$70.41April 9, 1999
Last share price$0.62October 12, 2005
From its split-adjusted high to the end-99.1%
Return over the days in our data-87.8%with dividends, before the last trade
Worst single day-44.6%September 17, 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 1968.

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Also gone in 2005: Airlines