The Graveyard › 1997

Doubletree Corp

TREE. · Hotels · NASDAQ · in our data July 1, 1994 to December 18, 1997 (3.5 years)

The first trading day in our data for Doubletree Corp is July 1, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 16, 1997, the market valued it at $2.0 billion. It left the market when it was bought or merged, last trading at $39.69, -21.4% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1994-071997-12

Peak market value$2.0 billionSeptember 16, 1997

Highest split-adjusted share price$50.50September 16, 1997

Last share price$39.69December 18, 1997

From its split-adjusted high to the end-21.4%

Return over the days in our data+169.1%with dividends, before the last trade

Worst single day-10.3%September 2, 1997

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 1994.

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