Hindsight Market

The Graveyard › 1986

Gulf Broadcast Co

GBCO · Unknown · NASDAQ · in our data February 6, 1984 to May 22, 1986 (2.3 years)

The first trading day in our data for Gulf Broadcast Co is February 6, 1984 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 30, 1985, the market valued it at $697 million. It ended in a collapse: the last trade was $0.16, -16.7% from its split-adjusted high. The delisting record says: likely failure.

1984-021986-05
Peak market value$697 millionJuly 30, 1985
Highest split-adjusted share price$0.19May 13, 1986
Last share price$0.16May 22, 1986
From its split-adjusted high to the end-16.7%
Return over the days in our data+211.7%with dividends, before the last trade
Worst single day-33.3%April 1, 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 1984. How these numbers are made · Report a data issue.

Play today's Daily Drop

Also gone in 1986: Unknown