Hindsight Market

The Graveyard › 1998

Magna Group Inc

MGR · Banks · NYSE · in our data March 7, 1983 to June 30, 1998 (15.3 years)

The first trading day in our data for Magna Group Inc is March 7, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 30, 1998, the market valued it at $2.0 billion. It left the market when it was bought or merged, last trading at $56.50, -5.2% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1983-031998-06
Peak market value$2.0 billionJune 30, 1998
Highest split-adjusted share price$59.58April 22, 1998
Last share price$56.50June 30, 1998
From its split-adjusted high to the end-5.2%
Return over the days in our data+1839.1%with dividends, before the last trade
Worst single day-11.2%November 6, 1984

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 1983. How these numbers are made · Report a data issue.

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Also gone in 1998: Banks