Hindsight Market

The Graveyard › 1998

President Casinos Inc

PREZQ · Other · NASDAQ · in our data December 11, 1992 to November 19, 1998 (5.9 years)

The first trading day in our data for President Casinos Inc is December 11, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 2, 1993, the market valued it at $967 million. It ended in a collapse: the last trade was $0.62, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1992-121998-11
Peak market value$967 millionJune 2, 1993
Highest split-adjusted share price$196.11June 2, 1993
Last share price$0.62November 19, 1998
From its split-adjusted high to the end-99.7%
Return over the days in our data-98.7%with dividends, before the last trade
Worst single day-30.1%April 6, 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 1992.

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