Hindsight Market

The Graveyard › 1998

La Quinta Inns Inc

LQI. · Hotels · NYSE · in our data April 3, 1973 to July 17, 1998 (25.3 years)

The first trading day in our data for La Quinta Inns Inc is April 3, 1973 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 9, 1997, the market valued it at $1.9 billion. It left the market without a crash, last trading at $19.50. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1973-041998-07
Peak market value$1.9 billionJune 9, 1997
Highest split-adjusted share price$24.29June 9, 1997
Last share price$19.50July 17, 1998
From its split-adjusted high to the end-19.7%
Return over the days in our data+7756.1%with dividends, before the last trade
Worst single day-27.6%September 16, 1974

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 1973.

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Also gone in 1998: Hotels