Hindsight Market

The Graveyard › 1997

Horizon/cms Healthcare Corp

HHC · Health Care · NYSE · in our data May 7, 1987 to October 29, 1997 (10.5 years)

The first trading day in our data for Horizon/cms Healthcare Corp is May 7, 1987 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 29, 1996, the market valued it at $1.4 billion. It left the market without a crash, last trading at $21.00. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1987-051997-10
Peak market value$1.4 billionJanuary 29, 1996
Highest split-adjusted share price$29.50October 11, 1994
Last share price$21.00October 29, 1997
From its split-adjusted high to the end-28.8%
Return over the days in our data+162.5%with dividends, before the last trade
Worst single day-23.9%March 1, 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 1987.

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Also gone in 1997: Health Care