Hindsight Market

The Graveyard › 1998

John Alden Financial Corp

JA · Insurance · NYSE · in our data September 25, 1992 to August 31, 1998 (5.9 years)

The first trading day in our data for John Alden Financial Corp is September 25, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 3, 1994, the market valued it at $993 million. It left the market when it was bought or merged, last trading at $22.44, -40.3% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1992-091998-08
Peak market value$993 millionFebruary 3, 1994
Highest split-adjusted share price$37.55February 3, 1994
Last share price$22.44August 31, 1998
From its split-adjusted high to the end-40.3%
Return over the days in our data+65.5%with dividends, before the last trade
Worst single day-38.1%March 31, 1995

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 1992. How these numbers are made · Report a data issue.

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Also gone in 1998: Insurance