Hindsight Market

The Graveyard › 2001

Maxicare Health Plans

MAXI · Insurance · NASDAQ · in our data August 18, 1983 to May 24, 2001 (17.8 years)

The first trading day in our data for Maxicare Health Plans is August 18, 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, 1986, the market valued it at $940 million. It ended in a collapse: the last trade was $1.25, -100.0% from its split-adjusted high. Our data does not say why it stopped trading.

1983-082001-05
Peak market value$940 millionJune 30, 1986
Highest split-adjusted share price$3937.63June 30, 1986
Last share price$1.25May 24, 2001
From its split-adjusted high to the end-100.0%
Return over the days in our data-99.9%with dividends, before the last trade
Worst single day-57.1%March 16, 1989

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.

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Also gone in 2001: Insurance