Hindsight Market

The Graveyard › 1978

Flagstar Corp

3FLSTQ1 · Unknown · NYSE · in our data January 2, 1968 to December 29, 1978 (11 years)

Our price history begins on January 2, 1968, and Flagstar Corp was already trading then; how long before that, our data does not say. At its peak, on May 26, 1972, the market valued it at $713 million. By the end it had fallen hard: the last trade was $17.50, -70.3% from its split-adjusted high. Our data does not say why it stopped trading.

1968-011978-12
Peak market value$713 millionMay 26, 1972
Highest split-adjusted share price$59.00May 26, 1972
Last share price$17.50December 29, 1978
From its split-adjusted high to the end-70.3%
Return over the days in our data-64.2%with dividends, before the last trade
Worst single day-18.6%April 24, 1974

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.

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Also gone in 1978: Unknown