Hindsight Market

The Graveyard › 1999

Joy Manufacturing

JOY · Machinery & Computers · NYSE · in our data January 2, 1968 to December 8, 1999 (31.9 years)

Our price history begins on January 2, 1968, and Joy Manufacturing was already trading then; how long before that, our data does not say. At its peak, on December 30, 1996, the market valued it at $2.4 billion. It ended in a collapse: the last trade was $0.31, -99.3% from its split-adjusted high. The delisting record says: likely failure.

1968-011999-12
Peak market value$2.4 billionDecember 30, 1996
Highest split-adjusted share price$47.23December 30, 1996
Last share price$0.31December 8, 1999
From its split-adjusted high to the end-99.3%
Return over the days in our data-92.2%with dividends, before the last trade
Worst single day-65.0%June 1, 1999

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.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Machinery & Computers