Hindsight Market

The Graveyard › 1999

Mariner Health Care Inc

3MHCA · Health Care · NYSE · in our data February 14, 1992 to October 29, 1999 (7.7 years)

The first trading day in our data for Mariner Health Care Inc is February 14, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 12, 1998, the market valued it at $872 million. It ended in a collapse: the last trade was $0.09, -99.6% from its split-adjusted high. The delisting record says: likely failure.

1992-021999-10
Peak market value$872 millionMarch 12, 1998
Highest split-adjusted share price$21.19March 12, 1998
Last share price$0.09October 29, 1999
From its split-adjusted high to the end-99.6%
Return over the days in our data-98.5%with dividends, before the last trade
Worst single day-44.4%June 11, 1999

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 1992. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Health Care