Hindsight Market

The Graveyard › 1993

Koger Properties

KOG · Real Estate · NYSE · in our data December 14, 1972 to December 21, 1993 (21 years)

Our price history begins on December 14, 1972, and Koger Properties was already trading then; how long before that, our data does not say. At its peak, on June 14, 1989, the market valued it at $707 million. It ended in a collapse: the last trade was $0.06, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1972-121993-12
Peak market value$707 millionJune 14, 1989
Highest split-adjusted share price$21.09June 14, 1989
Last share price$0.06December 21, 1993
From its split-adjusted high to the end-99.7%
Return over the days in our data-98.4%with dividends, before the last trade
Worst single day-33.3%September 26, 1991

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 1972.

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Also gone in 1993: Real Estate