Hindsight Market

The Graveyard › 1988

Magellan Health

MGLN · Unknown · AMEX · in our data December 11, 1981 to August 31, 1988 (6.7 years)

The first trading day in our data for Magellan Health is December 11, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 28, 1987, the market valued it at $811 million. It left the market without a crash, last trading at $36.62. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1981-121988-08
Peak market value$811 millionSeptember 28, 1987
Highest split-adjusted share price$38.14September 28, 1987
Last share price$36.62August 31, 1988
From its split-adjusted high to the end-4.0%
Return over the days in our data+483.5%with dividends, before the last trade
Worst single day-11.1%October 19, 1987

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 1981. How these numbers are made · Report a data issue.

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Also gone in 1988: Unknown