Hindsight Market

The Graveyard › 1999

Filenes Basement Corp

BSMTQ · Apparel Stores · NASDAQ · in our data May 1, 1991 to August 23, 1999 (8.3 years)

The first trading day in our data for Filenes Basement Corp is May 1, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 4, 1992, the market valued it at $712 million. It ended in a collapse: the last trade was $0.91, -97.5% from its split-adjusted high. The delisting record says: likely failure.

1991-051999-08
Peak market value$712 millionFebruary 4, 1992
Highest split-adjusted share price$36.00February 4, 1992
Last share price$0.91August 23, 1999
From its split-adjusted high to the end-97.5%
Return over the days in our data-94.4%with dividends, before the last trade
Worst single day-21.3%December 15, 1998

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 1991. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Apparel Stores