Hindsight Market

The Graveyard › 2001

R & B Falcon Corp

FLC · Oil & Gas · NYSE · in our data May 9, 1968 to January 31, 2001 (32.7 years)

The first trading day in our data for R & B Falcon Corp is May 9, 1968 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 6, 2000, the market valued it at $6.0 billion. It ended in a collapse: the last trade was $22.40, -96.7% from its split-adjusted high. Our data does not say why it stopped trading.

1968-052001-01
Peak market value$6.0 billionSeptember 6, 2000
Highest split-adjusted share price$674.32November 21, 1980
Last share price$22.40January 31, 2001
From its split-adjusted high to the end-96.7%
Return over the days in our data-82.0%with dividends, before the last trade
Worst single day-28.6%May 16, 1990

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 2001: Oil & Gas