Hindsight Market

The Graveyard › 1997

Freeport-McMoran

FTX · Chemicals & Drugs · NYSE · in our data April 8, 1981 to December 22, 1997 (16.7 years)

The first trading day in our data for Freeport-McMoran is April 8, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 28, 1995, the market valued it at $3.6 billion. It left the market without a crash, last trading at $32.62. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1981-041997-12
Peak market value$3.6 billionJuly 28, 1995
Highest split-adjusted share price$43.26March 7, 1996
Last share price$32.62December 22, 1997
From its split-adjusted high to the end-24.6%
Return over the days in our data+296.1%with dividends, before the last trade
Worst single day-11.8%October 19, 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 1981. How these numbers are made · Report a data issue.

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Also gone in 1997: Chemicals & Drugs