Hindsight Market

The Graveyard › 1988

Micom Systems Inc

MICS · Unknown · NASDAQ · in our data June 19, 1981 to September 28, 1988 (7.3 years)

The first trading day in our data for Micom Systems Inc is June 19, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 10, 1983, the market valued it at $739 million. By the end it had fallen hard: the last trade was $15.62, -68.4% from its split-adjusted high. Our data does not say why it stopped trading.

1981-061988-09
Peak market value$739 millionOctober 10, 1983
Highest split-adjusted share price$49.50June 17, 1983
Last share price$15.62September 28, 1988
From its split-adjusted high to the end-68.4%
Return over the days in our data-12.6%with dividends, before the last trade
Worst single day-13.8%October 20, 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 1981.

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Also gone in 1988: Unknown