Hindsight Market

The Graveyard › 1999

Promus Hotel Corp

PRH · Hotels · NYSE · in our data July 3, 1995 to November 30, 1999 (4.4 years)

The first trading day in our data for Promus Hotel Corp is July 3, 1995 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 12, 1998, the market valued it at $4.2 billion. It left the market without a crash, last trading at $32.38. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1995-071999-11
Peak market value$4.2 billionMarch 12, 1998
Highest split-adjusted share price$50.34September 12, 1997
Last share price$32.38November 30, 1999
From its split-adjusted high to the end-35.7%
Return over the days in our data+30.2%with dividends, before the last trade
Worst single day-17.6%May 25, 1999

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 1995. How these numbers are made · Report a data issue.

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Also gone in 1999: Hotels