Hindsight Market

The Graveyard › 1984

Gulf United Corp

GHC · Unknown · NYSE · in our data October 9, 1969 to January 30, 1984 (14.3 years)

The first trading day in our data for Gulf United Corp is October 9, 1969 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 29, 1983, the market valued it at $945 million. It left the market without a crash, last trading at $29.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1969-101984-01
Peak market value$945 millionNovember 29, 1983
Highest split-adjusted share price$32.75November 29, 1983
Last share price$29.88January 30, 1984
From its split-adjusted high to the end-8.8%
Return over the days in our data+401.4%with dividends, before the last trade
Worst single day-12.8%May 1, 1970

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 1969.

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Also gone in 1984: Unknown