Hindsight Market

The Graveyard › 1996

Quantum Health Resources Inc

QHRI · Health Care · NASDAQ · in our data April 30, 1991 to June 28, 1996 (5.2 years)

The first trading day in our data for Quantum Health Resources Inc is April 30, 1991 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 30, 1994, the market valued it at $660 million. By the end it had fallen hard: the last trade was $17.00, -59.8% from its split-adjusted high. Our data does not say why it stopped trading.

1991-041996-06
Peak market value$660 millionSeptember 30, 1994
Highest split-adjusted share price$42.25September 29, 1994
Last share price$17.00June 28, 1996
From its split-adjusted high to the end-59.8%
Return over the days in our data+18.3%with dividends, before the last trade
Worst single day-24.9%August 4, 1995

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 1991.

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Also gone in 1996: Health Care