Hindsight Market

The Graveyard › 2008

Handleman Company

HDLM · Other · NYSE · in our data January 2, 1968 to March 24, 2008 (40.2 years)

Our price history begins on January 2, 1968, and Handleman Company was already trading then; how long before that, our data does not say. At its peak, on May 22, 1989, the market valued it at $761 million. It ended in a collapse: the last trade was $0.21, -99.1% from its split-adjusted high. The delisting record says: likely failure.

1968-012008-03
Peak market value$761 millionMay 22, 1989
Highest split-adjusted share price$24.15April 7, 2004
Last share price$0.21March 24, 2008
From its split-adjusted high to the end-99.1%
Return over the days in our data-73.3%with dividends, before the last trade
Worst single day-65.3%March 13, 2008

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 2008: Other