Hindsight Market

The Graveyard › 2007

Direct General Corp

DRCT · Insurance · NASDAQ · in our data August 12, 2003 to March 30, 2007 (3.6 years)

The first trading day in our data for Direct General Corp is August 12, 2003 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 2, 2004, the market valued it at $814 million. It left the market when it was bought or merged, last trading at $21.26, -41.3% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

2003-082007-03
Peak market value$814 millionJune 2, 2004
Highest split-adjusted share price$36.25April 1, 2004
Last share price$21.26March 30, 2007
From its split-adjusted high to the end-41.3%
Return over the days in our data-12.7%with dividends, before the last trade
Worst single day-31.2%January 27, 2005

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 2003.

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Also gone in 2007: Insurance