Hindsight Market

The Graveyard › 1999

Genentech Inc

DNA · Chemicals & Drugs · NYSE · in our data October 14, 1980 to June 16, 1999 (18.7 years)

The first trading day in our data for Genentech Inc is October 14, 1980 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 1, 1987, the market valued it at $4.5 billion. It left the market without a crash, last trading at $82.25. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1980-101999-06
Peak market value$4.5 billionApril 1, 1987
Highest split-adjusted share price$88.62March 31, 1999
Last share price$82.25June 16, 1999
From its split-adjusted high to the end-7.2%
Return over the days in our data+590.2%with dividends, before the last trade
Worst single day-28.9%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 1980.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Chemicals & Drugs