Hindsight Market

The Graveyard › 2008

Merrill Lynch

MER · Brokers & Exchanges · NYSE · in our data July 27, 1971 to December 31, 2008 (37.4 years)

The first trading day in our data for Merrill Lynch is July 27, 1971 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 24, 2007, the market valued it at $86.0 billion. It left the market when it was bought or merged, last trading at $11.64, -87.2% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1971-072008-12
Peak market value$86.0 billionJanuary 24, 2007
Highest split-adjusted share price$91.17January 24, 2007
Last share price$11.64December 31, 2008
From its split-adjusted high to the end-87.2%
Return over the days in our data+1279.3%with dividends, before the last trade
Worst single day-28.4%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 1971.

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Also gone in 2008: Brokers & Exchanges