Hindsight Market

The Graveyard › 2003

Fleming Companies

FLM · Wholesale · NYSE · in our data December 6, 1968 to April 1, 2003 (34.3 years)

The first trading day in our data for Fleming Companies is December 6, 1968 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 19, 2001, the market valued it at $1.6 billion. It ended in a collapse: the last trade was $0.48, -98.7% from its split-adjusted high. The delisting record says: likely failure.

1968-122003-04
Peak market value$1.6 billionJuly 19, 2001
Highest split-adjusted share price$36.74July 19, 2001
Last share price$0.48April 1, 2003
From its split-adjusted high to the end-98.7%
Return over the days in our data-84.2%with dividends, before the last trade
Worst single day-45.6%March 28, 2003

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 2003: Wholesale