Hindsight Market

The Graveyard › 2002

Guilford Mills

3GMIL · Textiles · NYSE · in our data May 19, 1972 to February 13, 2002 (29.7 years)

The first trading day in our data for Guilford Mills is May 19, 1972 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 17, 1998, the market valued it at $759 million. It ended in a collapse: the last trade was $0.28, -99.0% from its split-adjusted high. The delisting record says: likely failure.

1972-052002-02
Peak market value$759 millionApril 17, 1998
Highest split-adjusted share price$27.12April 17, 1998
Last share price$0.28February 13, 2002
From its split-adjusted high to the end-99.0%
Return over the days in our data-60.8%with dividends, before the last trade
Worst single day-45.7%January 17, 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 1972.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Textiles