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Labranche & Co Inc

LAB · Brokers & Exchanges · NYSE · in our data August 19, 1999 to June 28, 2011 (11.9 years)

The first trading day in our data for Labranche & Co Inc is August 19, 1999 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 22, 2001, the market valued it at $2.6 billion. It ended in a collapse: the last trade was $3.81, -92.4% from its split-adjusted high. The delisting record says: merged or acquired.

1999-082011-06
Peak market value$2.6 billionMay 22, 2001
Highest split-adjusted share price$50.39February 16, 2001
Last share price$3.81June 28, 2011
From its split-adjusted high to the end-92.4%
Return over the days in our data-73.4%with dividends, before the last trade
Worst single day-24.3%July 7, 2006

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 1999.

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Also gone in 2011: Brokers & Exchanges