Hindsight Market

The Graveyard › 2009

Lear

LEA · Furniture · NYSE · in our data April 7, 1994 to July 1, 2009 (15.2 years)

The first trading day in our data for Lear is April 7, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 23, 2004, the market valued it at $4.7 billion. It ended in a collapse: the last trade was $0.48, -99.3% from its split-adjusted high. The delisting record says: likely failure.

1994-042009-07
Peak market value$4.7 billionJanuary 23, 2004
Highest split-adjusted share price$65.43January 23, 2004
Last share price$0.48July 1, 2009
From its split-adjusted high to the end-99.3%
Return over the days in our data-97.2%with dividends, before the last trade
Worst single day-38.6%June 25, 2009

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 1994.

Could you have seen it coming? Play The Crash of '08