Hindsight Market

The Graveyard › 1987

Mesa Inc

MXP. · Unknown · NYSE · in our data January 2, 1968 to January 19, 1987 (19 years)

Our price history begins on January 2, 1968, and Mesa Inc was already trading then; how long before that, our data does not say. At its peak, on November 28, 1980, the market valued it at $2.3 billion. It left the market without a crash, last trading at $3.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011987-01
Peak market value$2.3 billionNovember 28, 1980
Highest split-adjusted share price$4.86November 28, 1980
Last share price$3.88January 19, 1987
From its split-adjusted high to the end-20.2%
Return over the days in our data+874.5%with dividends, before the last trade
Worst single day-15.9%June 21, 1982

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 1968.

Play today's Daily Drop

Also gone in 1987: Unknown