Hindsight Market

The Graveyard › 1998

Mcdonald & Co Investments

MDD · Brokers & Exchanges · NYSE · in our data July 20, 1983 to October 23, 1998 (15.3 years)

The first trading day in our data for Mcdonald & Co Investments is July 20, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 17, 1998, the market valued it at $625 million. It left the market without a crash, last trading at $31.00. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1983-071998-10
Peak market value$625 millionJuly 17, 1998
Highest split-adjusted share price$33.81July 17, 1998
Last share price$31.00October 23, 1998
From its split-adjusted high to the end-8.3%
Return over the days in our data+505.3%with dividends, before the last trade
Worst single day-11.3%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 1983.

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Also gone in 1998: Brokers & Exchanges