Hindsight Market

The Graveyard › 1988

Financial Corp of America

5930B · Unknown · NYSE · in our data January 2, 1968 to September 8, 1988 (20.7 years)

Our price history begins on January 2, 1968, and Financial Corp of America was already trading then; how long before that, our data does not say. At its peak, on October 6, 1983, the market valued it at $1.3 billion. It ended in a collapse: the last trade was $0.12, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1968-011988-09
Peak market value$1.3 billionOctober 6, 1983
Highest split-adjusted share price$30.10July 20, 1983
Last share price$0.12September 8, 1988
From its split-adjusted high to the end-99.6%
Return over the days in our data-81.8%with dividends, before the last trade
Worst single day-83.3%September 8, 1988

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.

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Also gone in 1988: Unknown