Hindsight Market

The Graveyard › 1998

Keyspan Energy Corp

KSE. · Utilities · NYSE · in our data January 2, 1968 to May 29, 1998 (30.4 years)

Our price history begins on January 2, 1968, and Keyspan Energy Corp was already trading then; how long before that, our data does not say. At its peak, on April 2, 1998, the market valued it at $1.9 billion. It left the market without a crash, last trading at $33.69. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1968-011998-05
Peak market value$1.9 billionApril 2, 1998
Highest split-adjusted share price$36.43April 7, 1998
Last share price$33.69May 29, 1998
From its split-adjusted high to the end-7.5%
Return over the days in our data+3411.1%with dividends, before the last trade
Worst single day-12.6%October 19, 1987

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.

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Also gone in 1998: Utilities