Hindsight Market

The Graveyard › 2006

Michaels Cos Inc

MIK · Retail · NYSE · in our data May 18, 1984 to October 31, 2006 (22.5 years)

The first trading day in our data for Michaels Cos Inc is May 18, 1984 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 31, 2006, the market valued it at $5.9 billion. It left the market without a crash, last trading at $43.99. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1984-052006-10
Peak market value$5.9 billionOctober 31, 2006
Highest split-adjusted share price$43.99October 31, 2006
Last share price$43.99October 31, 2006
From its split-adjusted high to the end0.0%
Return over the days in our data+5508.0%with dividends, before the last trade
Worst single day-44.1%October 18, 2000

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 1984.

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Also gone in 2006: Retail