Hindsight Market

The Graveyard › 1998

MCI Communications

MCIC. · Telecom & Media · NASDAQ · in our data December 14, 1972 to September 14, 1998 (25.7 years)

Our price history begins on December 14, 1972, and MCI Communications was already trading then; how long before that, our data does not say. At its peak, on July 20, 1998, the market valued it at $41.6 billion. It left the market without a crash, last trading at $59.31. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1972-121998-09
Peak market value$41.6 billionJuly 20, 1998
Highest split-adjusted share price$69.56July 20, 1998
Last share price$59.31September 14, 1998
From its split-adjusted high to the end-14.7%
Return over the days in our data+6041.4%with dividends, before the last trade
Worst single day-29.4%May 25, 1976

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 1972. How these numbers are made · Report a data issue.

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Also gone in 1998: Telecom & Media