Hindsight Market

The Graveyard › 1997

Octel Communications Corp

OCTL. · Electronics · NASDAQ · in our data February 26, 1988 to September 26, 1997 (9.6 years)

The first trading day in our data for Octel Communications Corp is February 26, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 26, 1997, the market valued it at $1.6 billion. It left the market when it was bought or merged, last trading at $30.97, 0.0% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1988-021997-09
Peak market value$1.6 billionSeptember 26, 1997
Highest split-adjusted share price$30.97September 26, 1997
Last share price$30.97September 26, 1997
From its split-adjusted high to the end0.0%
Return over the days in our data+583.5%with dividends, before the last trade
Worst single day-35.7%October 25, 1996

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 1988.

Play today's Daily Drop

Also gone in 1997: Electronics