Hindsight Market

The Graveyard › 1999

Raychem Corp

RYC. · Electronics · NYSE · in our data December 14, 1972 to August 12, 1999 (26.7 years)

Our price history begins on December 14, 1972, and Raychem Corp was already trading then; how long before that, our data does not say. At its peak, on August 5, 1997, the market valued it at $4.3 billion. It left the market without a crash, last trading at $38.44. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1972-121999-08
Peak market value$4.3 billionAugust 5, 1997
Highest split-adjusted share price$48.78August 5, 1997
Last share price$38.44August 12, 1999
From its split-adjusted high to the end-21.2%
Return over the days in our data+670.0%with dividends, before the last trade
Worst single day-18.1%February 1, 1984

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 1972.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Electronics