Hindsight Market

The Graveyard › 1999

Midamerican Energy Hldg-old

MEC.Z. · Utilities · NYSE · in our data November 8, 1990 to March 12, 1999 (8.3 years)

The first trading day in our data for Midamerican Energy Hldg-old is November 8, 1990 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 11, 1999, the market valued it at $2.6 billion. It left the market when it was bought or merged, last trading at $27.06, -0.2% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1990-111999-03
Peak market value$2.6 billionMarch 11, 1999
Highest split-adjusted share price$27.12March 11, 1999
Last share price$27.06March 12, 1999
From its split-adjusted high to the end-0.2%
Return over the days in our data+156.0%with dividends, before the last trade
Worst single day-9.4%July 8, 1992

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 1990.

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Also gone in 1999: Utilities