Hindsight Market

The Graveyard › 2008

Possis Medical Inc

POSS · Instruments & Medical Devices · NASDAQ · in our data December 14, 1972 to April 2, 2008 (35.3 years)

Our price history begins on December 14, 1972, and Possis Medical Inc was already trading then; how long before that, our data does not say. At its peak, on June 30, 2004, the market valued it at $620 million. It left the market when it was bought or merged, last trading at $19.49, -42.9% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1972-122008-04
Peak market value$620 millionJune 30, 2004
Highest split-adjusted share price$34.15June 30, 2004
Last share price$19.49April 2, 2008
From its split-adjusted high to the end-42.9%
Return over the days in our data+3470.1%with dividends, before the last trade
Worst single day-40.0%August 18, 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 2008: Instruments & Medical Devices