Hindsight Market

The Graveyard › 2004

Interstate Bakeries

IBC · Food · NYSE · in our data July 24, 1991 to September 22, 2004 (13.2 years)

The first trading day in our data for Interstate Bakeries is July 24, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 31, 1997, the market valued it at $2.7 billion. It ended in a collapse: the last trade was $2.05, -94.0% from its split-adjusted high. The delisting record says: likely failure.

1991-072004-09
Peak market value$2.7 billionDecember 31, 1997
Highest split-adjusted share price$34.04December 31, 1997
Last share price$2.05September 22, 2004
From its split-adjusted high to the end-94.0%
Return over the days in our data-67.1%with dividends, before the last trade
Worst single day-42.3%August 30, 2004

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 1991.

Play today's Daily Drop

Also gone in 2004: Food