Hindsight Market

The Graveyard › 1989

Ranger Industries Inc

RNGR · Unknown · NYSE · in our data August 13, 1968 to September 20, 1989 (21.1 years)

The first trading day in our data for Ranger Industries Inc is August 13, 1968 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 6, 1983, the market valued it at $918 million. It ended in a collapse: the last trade was $0.31, -99.5% from its split-adjusted high. The delisting record says: likely failure.

1968-081989-09
Peak market value$918 millionJune 6, 1983
Highest split-adjusted share price$60.00June 6, 1983
Last share price$0.31September 20, 1989
From its split-adjusted high to the end-99.5%
Return over the days in our data-87.9%with dividends, before the last trade
Worst single day-50.0%September 14, 1989

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 1989: Unknown