Hindsight Market

The Graveyard › 1997

New World Comm Group

NWCG · Telecom & Media · NASDAQ · in our data March 23, 1994 to January 22, 1997 (2.8 years)

The first trading day in our data for New World Comm Group is March 23, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 18, 1996, the market valued it at $910 million. It left the market without a crash, last trading at $25.38. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1994-031997-01
Peak market value$910 millionOctober 18, 1996
Highest split-adjusted share price$27.00October 18, 1996
Last share price$25.38January 22, 1997
From its split-adjusted high to the end-6.0%
Return over the days in our data+107.1%with dividends, before the last trade
Worst single day-9.2%October 30, 1995

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 1994.

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Also gone in 1997: Telecom & Media