Hindsight Market

The Graveyard › 2015

Molycorp Inc

MCP · Steel & Metals · NYSE · in our data July 29, 2010 to June 24, 2015 (4.9 years)

The first trading day in our data for Molycorp Inc is July 29, 2010 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 3, 2011, the market valued it at $6.5 billion. It ended in a collapse: the last trade was $0.36, -99.5% from its split-adjusted high. The delisting record says: dropped by the exchange (failure).

2010-072015-06
Peak market value$6.5 billionMay 3, 2011
Highest split-adjusted share price$77.54May 3, 2011
Last share price$0.36June 24, 2015
From its split-adjusted high to the end-99.5%
Return over the days in our data-97.2%with dividends, before the last trade
Worst single day-35.3%March 17, 2015

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 2010.

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Also gone in 2015: Steel & Metals