Hindsight Market

The Graveyard › 2001

Globalsantafe Corp

GLM · Oil & Gas · NYSE · in our data January 2, 1968 to November 20, 2001 (33.9 years)

Our price history begins on January 2, 1968, and Globalsantafe Corp was already trading then; how long before that, our data does not say. At its peak, on October 9, 1997, the market valued it at $6.2 billion. It ended in a collapse: the last trade was $14.19, -96.4% from its split-adjusted high. The delisting record says: merged or acquired.

1968-012001-11
Peak market value$6.2 billionOctober 9, 1997
Highest split-adjusted share price$393.67December 30, 1980
Last share price$14.19November 20, 2001
From its split-adjusted high to the end-96.4%
Return over the days in our data-87.4%with dividends, before the last trade
Worst single day-37.3%March 17, 1989

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 2001: Oil & Gas