Hindsight Market

The Graveyard › 2002

Reader's Digest Assn.

0090A · Publishing · NYSE · in our data March 6, 1992 to December 13, 2002 (10.8 years)

The first trading day in our data for Reader's Digest Assn. is March 6, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 20, 1992, the market valued it at $1.2 billion. By the end it had fallen hard: the last trade was $19.53, -53.1% from its split-adjusted high. The delisting record says: delisted or deregistered.

1992-032002-12
Peak market value$1.2 billionMay 20, 1992
Highest split-adjusted share price$41.66November 30, 1992
Last share price$19.53December 13, 2002
From its split-adjusted high to the end-53.1%
Return over the days in our data-46.1%with dividends, before the last trade
Worst single day-14.7%April 26, 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 1992. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 2002: Publishing