Hindsight Market

The Graveyard › 2008

Hartmarx

HTMXQ · Apparel · NYSE · in our data January 2, 1968 to November 25, 2008 (40.9 years)

Our price history begins on January 2, 1968, and Hartmarx was already trading then; how long before that, our data does not say. At its peak, on August 11, 1987, the market valued it at $709 million. It ended in a collapse: the last trade was $0.16, -99.4% from its split-adjusted high. The delisting record says: likely failure.

1968-012008-11
Peak market value$709 millionAugust 11, 1987
Highest split-adjusted share price$27.07August 11, 1987
Last share price$0.16November 25, 2008
From its split-adjusted high to the end-99.4%
Return over the days in our data-97.4%with dividends, before the last trade
Worst single day-40.3%November 19, 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.

Could you have seen it coming? Play The Crash of '08

Also gone in 2008: Apparel