Hindsight Market

The Graveyard › 2002

Federal-Mogul

FMO · Autos & Aerospace · NYSE · in our data January 2, 1968 to April 25, 2002 (34.3 years)

Our price history begins on January 2, 1968, and Federal-Mogul was already trading then; how long before that, our data does not say. At its peak, on January 20, 1999, the market valued it at $4.4 billion. It ended in a collapse: the last trade was $0.54, -99.3% from its split-adjusted high. The delisting record says: likely failure.

1968-012002-04
Peak market value$4.4 billionJanuary 20, 1999
Highest split-adjusted share price$71.64July 10, 1998
Last share price$0.54April 25, 2002
From its split-adjusted high to the end-99.3%
Return over the days in our data-75.3%with dividends, before the last trade
Worst single day-30.8%October 1, 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. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Autos & Aerospace