Hindsight Market

The Graveyard › 1994

Psi Resources Inc

CIN2 · Utilities · NYSE · in our data January 2, 1968 to October 24, 1994 (26.8 years)

Our price history begins on January 2, 1968, and Psi Resources Inc was already trading then; how long before that, our data does not say. At its peak, on November 1, 1993, the market valued it at $1.5 billion. It left the market without a crash, last trading at $23.25. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1968-011994-10
Peak market value$1.5 billionNovember 1, 1993
Highest split-adjusted share price$25.56January 4, 1994
Last share price$23.25October 24, 1994
From its split-adjusted high to the end-9.0%
Return over the days in our data+397.4%with dividends, before the last trade
Worst single day-36.0%December 22, 1983

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 1968.

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Also gone in 1994: Utilities