Hindsight Market

The Graveyard › 1998

DSC Communications

DIGI · Electronics · NASDAQ · in our data July 29, 1980 to September 4, 1998 (18.1 years)

The first trading day in our data for DSC Communications is July 29, 1980 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 21, 1995, the market valued it at $6.9 billion. By the end it had fallen hard: the last trade was $26.62, -57.7% from its split-adjusted high. The delisting record says: delisted or deregistered.

1980-071998-09
Peak market value$6.9 billionSeptember 21, 1995
Highest split-adjusted share price$63.00September 21, 1995
Last share price$26.62September 4, 1998
From its split-adjusted high to the end-57.7%
Return over the days in our data+4090.2%with dividends, before the last trade
Worst single day-35.9%October 2, 1985

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 1980.

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Also gone in 1998: Electronics