Hindsight Market

The Graveyard › 2002

Owens Corning

OWC · Building Materials · NYSE · in our data January 2, 1968 to December 18, 2002 (35 years)

Our price history begins on January 2, 1968, and Owens Corning was already trading then; how long before that, our data does not say. At its peak, on January 14, 1997, the market valued it at $2.6 billion. It ended in a collapse: the last trade was $0.51, -98.9% from its split-adjusted high. The delisting record says: likely failure.

1968-012002-12
Peak market value$2.6 billionJanuary 14, 1997
Highest split-adjusted share price$46.46January 14, 1997
Last share price$0.51December 18, 2002
From its split-adjusted high to the end-98.9%
Return over the days in our data-59.0%with dividends, before the last trade
Worst single day-62.5%October 6, 2000

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.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Building Materials