Hindsight Market

The Graveyard › 1990

Diversified Energies

DEI · Utilities · NYSE · in our data December 14, 1972 to November 29, 1990 (18 years)

Our price history begins on December 14, 1972, and Diversified Energies was already trading then; how long before that, our data does not say. At its peak, on December 19, 1989, the market valued it at $614 million. It left the market without a crash, last trading at $35.38. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1972-121990-11
Peak market value$614 millionDecember 19, 1989
Highest split-adjusted share price$36.73December 19, 1989
Last share price$35.38November 29, 1990
From its split-adjusted high to the end-3.7%
Return over the days in our data+933.9%with dividends, before the last trade
Worst single day-10.5%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 1972.

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Also gone in 1990: Utilities