Hindsight Market

The Graveyard › 1999

Mainstreet Financial Cp-old

MSBC · Banks · NASDAQ · in our data July 12, 1983 to March 5, 1999 (15.6 years)

The first trading day in our data for Mainstreet Financial Cp-old is July 12, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 6, 1999, the market valued it at $668 million. It left the market without a crash, last trading at $46.50. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1983-071999-03
Peak market value$668 millionJanuary 6, 1999
Highest split-adjusted share price$47.10January 6, 1999
Last share price$46.50March 5, 1999
From its split-adjusted high to the end-1.3%
Return over the days in our data+2434.2%with dividends, before the last trade
Worst single day-10.3%January 2, 1992

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.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Banks