Hindsight Market

The Graveyard › 1988

Payless Cashways

PCSH · Unknown · NYSE · in our data December 14, 1972 to October 7, 1988 (15.8 years)

Our price history begins on December 14, 1972, and Payless Cashways was already trading then; how long before that, our data does not say. At its peak, on May 22, 1986, the market valued it at $931 million. It left the market without a crash, last trading at $26.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1972-121988-10
Peak market value$931 millionMay 22, 1986
Highest split-adjusted share price$32.54June 20, 1983
Last share price$26.88October 7, 1988
From its split-adjusted high to the end-17.4%
Return over the days in our data+633.2%with dividends, before the last trade
Worst single day-21.1%October 19, 1987

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 1972.

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Also gone in 1988: Unknown