Hindsight Market

The Graveyard › 1988

First Jersey National Corp

FJNC · Unknown · NASDAQ · in our data December 14, 1972 to February 1, 1988 (15.1 years)

Our price history begins on December 14, 1972, and First Jersey National Corp was already trading then; how long before that, our data does not say. At its peak, on January 29, 1988, the market valued it at $638 million. It left the market without a crash, last trading at $81.75. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1972-121988-02
Peak market value$638 millionJanuary 29, 1988
Highest split-adjusted share price$81.75January 29, 1988
Last share price$81.75February 1, 1988
From its split-adjusted high to the end0.0%
Return over the days in our data+1353.8%with dividends, before the last trade
Worst single day-12.4%October 10, 1979

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.

Could you have seen it coming? Play Black Monday

Also gone in 1988: Unknown