Hindsight Market

The Graveyard › 1988

Gearhart Industries Inc

GOI · Unknown · NYSE · in our data January 2, 1968 to September 23, 1988 (20.7 years)

Our price history begins on January 2, 1968, and Gearhart Industries Inc was already trading then; how long before that, our data does not say. At its peak, on November 28, 1980, the market valued it at $831 million. It ended in a collapse: the last trade was $0.69, -98.8% from its split-adjusted high. The delisting record says: likely failure.

1968-011988-09
Peak market value$831 millionNovember 28, 1980
Highest split-adjusted share price$55.08November 28, 1980
Last share price$0.69September 23, 1988
From its split-adjusted high to the end-98.8%
Return over the days in our data-30.0%with dividends, before the last trade
Worst single day-21.4%January 28, 1986

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. How these numbers are made · Report a data issue.

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Also gone in 1988: Unknown