Hindsight Market

The Graveyard › 2002

Gaylord Container

GCR · Paper · AMEX · in our data June 29, 1988 to April 5, 2002 (13.8 years)

The first trading day in our data for Gaylord Container is June 29, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 13, 1995, the market valued it at $720 million. It ended in a collapse: the last trade was $1.16, -94.5% from its split-adjusted high. The delisting record says: merged or acquired.

1988-062002-04
Peak market value$720 millionApril 13, 1995
Highest split-adjusted share price$21.25July 15, 1988
Last share price$1.16April 5, 2002
From its split-adjusted high to the end-94.5%
Return over the days in our data-94.4%with dividends, before the last trade
Worst single day-54.6%January 8, 2002

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 1988.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Paper