Hindsight Market

The Graveyard › 1993

New Valley Corp

NVAL. · Real Estate · NYSE · in our data January 2, 1968 to April 8, 1993 (25.3 years)

Our price history begins on January 2, 1968, and New Valley Corp was already trading then; how long before that, our data does not say. At its peak, on June 30, 1983, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.09, -99.8% from its split-adjusted high. The delisting record says: likely failure.

1968-011993-04
Peak market value$1.1 billionJune 30, 1983
Highest split-adjusted share price$47.56October 18, 1982
Last share price$0.09April 8, 1993
From its split-adjusted high to the end-99.8%
Return over the days in our data-99.3%with dividends, before the last trade
Worst single day-33.3%February 14, 1990

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. How these numbers are made · Report a data issue.

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Also gone in 1993: Real Estate