Hindsight Market

The Graveyard › 1988

Macmillan

MLL · Unknown · NYSE · in our data January 2, 1968 to December 16, 1988 (21 years)

Our price history begins on January 2, 1968, and Macmillan was already trading then; how long before that, our data does not say. At its peak, on November 3, 1988, the market valued it at $2.3 billion. It left the market without a crash, last trading at $90.12. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011988-12
Peak market value$2.3 billionNovember 3, 1988
Highest split-adjusted share price$90.13November 3, 1988
Last share price$90.12December 16, 1988
From its split-adjusted high to the end0.0%
Return over the days in our data+1688.0%with dividends, before the last trade
Worst single day-21.7%November 23, 1979

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.

Play today's Daily Drop

Also gone in 1988: Unknown