Hindsight Market

The Graveyard › 1990

Ideal Basic Industries

IDL · Building Materials · NYSE · in our data January 2, 1968 to March 8, 1990 (22.2 years)

Our price history begins on January 2, 1968, and Ideal Basic Industries was already trading then; how long before that, our data does not say. At its peak, on March 31, 1987, the market valued it at $871 million. It ended in a collapse: the last trade was $1.75, -94.2% from its split-adjusted high. Our data does not say why it stopped trading.

1968-011990-03
Peak market value$871 millionMarch 31, 1987
Highest split-adjusted share price$30.08May 1, 1981
Last share price$1.75March 8, 1990
From its split-adjusted high to the end-94.2%
Return over the days in our data-75.2%with dividends, before the last trade
Worst single day-28.6%August 3, 1989

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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Also gone in 1990: Building Materials