Hindsight Market

The Graveyard › 1998

Pinnacle Financial Services

PNFI · Banks · NASDAQ · in our data August 22, 1989 to April 17, 1998 (8.7 years)

The first trading day in our data for Pinnacle Financial Services is August 22, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on April 14, 1998, the market valued it at $700 million. It left the market without a crash, last trading at $53.25. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1989-081998-04
Peak market value$700 millionApril 14, 1998
Highest split-adjusted share price$55.50April 14, 1998
Last share price$53.25April 17, 1998
From its split-adjusted high to the end-4.0%
Return over the days in our data+877.0%with dividends, before the last trade
Worst single day-15.0%August 1, 1994

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 1989. How these numbers are made · Report a data issue.

Play today's Daily Drop

Also gone in 1998: Banks