Hindsight Market

The Graveyard › 1997

Heritage Media Corp

HTG · Software & Services · NYSE · in our data September 23, 1988 to August 20, 1997 (8.9 years)

The first trading day in our data for Heritage Media Corp is September 23, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 10, 1996, the market valued it at $751 million. It left the market without a crash, last trading at $20.19. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1988-091997-08
Peak market value$751 millionSeptember 10, 1996
Highest split-adjusted share price$21.12September 12, 1996
Last share price$20.19August 20, 1997
From its split-adjusted high to the end-4.4%
Return over the days in our data+118.2%with dividends, before the last trade
Worst single day-21.5%December 20, 1996

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 1988.

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Also gone in 1997: Software & Services