Hindsight Market

The Graveyard › 1986

MGM Grand Hotels Inc

GRH · Unknown · NYSE · in our data January 2, 1968 to April 25, 1986 (18.3 years)

Our price history begins on January 2, 1968, and MGM Grand Hotels Inc was already trading then; how long before that, our data does not say. At its peak, on April 18, 1979, the market valued it at $788 million. It left the market without a crash, last trading at $17.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011986-04
Peak market value$788 millionApril 18, 1979
Highest split-adjusted share price$18.12October 22, 1985
Last share price$17.88April 25, 1986
From its split-adjusted high to the end-1.4%
Return over the days in our data+658.9%with dividends, before the last trade
Worst single day-23.1%November 21, 1980

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.

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Also gone in 1986: Unknown