Hindsight Market

The Graveyard › 1988

Firestone

FIR · Unknown · NYSE · in our data January 2, 1968 to May 5, 1988 (20.3 years)

Our price history begins on January 2, 1968, and Firestone was already trading then; how long before that, our data does not say. At its peak, on March 23, 1988, the market valued it at $2.8 billion. It left the market without a crash, last trading at $79.62. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011988-05
Peak market value$2.8 billionMarch 23, 1988
Highest split-adjusted share price$79.87April 26, 1988
Last share price$79.62May 5, 1988
From its split-adjusted high to the end-0.3%
Return over the days in our data+619.2%with dividends, before the last trade
Worst single day-16.5%October 19, 1987

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.

Could you have seen it coming? Play Black Monday

Also gone in 1988: Unknown