Hindsight Market

The Graveyard › 1995

Firstfed Mich Corp

FFOM · Banks · NASDAQ · in our data December 1, 1983 to October 31, 1995 (11.9 years)

The first trading day in our data for Firstfed Mich Corp is December 1, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 18, 1995, the market valued it at $695 million. It left the market without a crash, last trading at $33.75. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1983-121995-10
Peak market value$695 millionOctober 18, 1995
Highest split-adjusted share price$37.12October 18, 1995
Last share price$33.75October 31, 1995
From its split-adjusted high to the end-9.1%
Return over the days in our data+762.8%with dividends, before the last trade
Worst single day-13.6%June 20, 1991

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 1983.

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Also gone in 1995: Banks