Hindsight Market

The Graveyard › 2008

Metal Management Inc

MM · Wholesale · NYSE · in our data March 7, 2003 to March 14, 2008 (5 years)

The first trading day in our data for Metal Management Inc is March 7, 2003 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 27, 2008, the market valued it at $1.7 billion. It left the market when it was bought or merged, last trading at $54.90, -13.7% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

2003-032008-03
Peak market value$1.7 billionFebruary 27, 2008
Highest split-adjusted share price$63.62February 27, 2008
Last share price$54.90March 14, 2008
From its split-adjusted high to the end-13.7%
Return over the days in our data+1435.0%with dividends, before the last trade
Worst single day-11.7%March 24, 2004

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 2003.

Could you have seen it coming? Play The Crash of '08

Also gone in 2008: Wholesale