Hindsight Market

The Graveyard › 1998

First Commerce Corp

FCOM. · Banks · NASDAQ · in our data December 14, 1972 to June 12, 1998 (25.5 years)

Our price history begins on December 14, 1972, and First Commerce Corp was already trading then; how long before that, our data does not say. At its peak, on April 6, 1998, the market valued it at $3.6 billion. It left the market without a crash, last trading at $80.69. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1972-121998-06
Peak market value$3.6 billionApril 6, 1998
Highest split-adjusted share price$89.79April 6, 1998
Last share price$80.69June 12, 1998
From its split-adjusted high to the end-10.1%
Return over the days in our data+3093.2%with dividends, before the last trade
Worst single day-14.1%October 20, 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 1972.

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Also gone in 1998: Banks