Hindsight Market

The Graveyard › 1991

Harcourt Brace Jovanovich

HBJ · Publishing · NYSE · in our data January 2, 1968 to November 25, 1991 (23.9 years)

Our price history begins on January 2, 1968, and Harcourt Brace Jovanovich was already trading then; how long before that, our data does not say. At its peak, on July 27, 1987, the market valued it at $2.5 billion. It ended in a collapse: the last trade was $0.62, -96.5% from its split-adjusted high. The delisting record says: likely failure.

1968-011991-11
Peak market value$2.5 billionJuly 27, 1987
Highest split-adjusted share price$18.00August 18, 1989
Last share price$0.62November 25, 1991
From its split-adjusted high to the end-96.5%
Return over the days in our data-58.1%with dividends, before the last trade
Worst single day-28.4%October 19, 1987

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. How these numbers are made · Report a data issue.

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