Hindsight Market

The Graveyard › 1989

Paradyne Corp

PDN · Unknown · NYSE · in our data July 11, 1978 to February 7, 1989 (10.6 years)

The first trading day in our data for Paradyne Corp is July 11, 1978 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 24, 1983, the market valued it at $772 million. By the end it had fallen hard: the last trade was $10.25, -70.8% from its split-adjusted high. Our data does not say why it stopped trading.

1978-071989-02
Peak market value$772 millionMarch 24, 1983
Highest split-adjusted share price$35.13March 24, 1983
Last share price$10.25February 7, 1989
From its split-adjusted high to the end-70.8%
Return over the days in our data+200.9%with dividends, before the last trade
Worst single day-21.0%March 28, 1983

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 1978.

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Also gone in 1989: Unknown