Hindsight Market

The Graveyard › 2000

Pierce Leahy Corp

PLH · Trucking · NYSE · in our data July 1, 1997 to February 1, 2000 (2.6 years)

The first trading day in our data for Pierce Leahy Corp is July 1, 1997 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on December 31, 1999, the market valued it at $738 million. It left the market without a crash, last trading at $32.56. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1997-072000-02
Peak market value$738 millionDecember 31, 1999
Highest split-adjusted share price$39.32December 31, 1999
Last share price$32.56February 1, 2000
From its split-adjusted high to the end-17.2%
Return over the days in our data+52.0%with dividends, before the last trade
Worst single day-29.8%December 5, 1997

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 1997.

Could you have seen it coming? Play Dot-com