Hindsight Market

The Graveyard › 1999

Service Merchandise

3SVCDQ · Department Stores · NYSE · in our data December 14, 1972 to December 2, 1999 (27 years)

Our price history begins on December 14, 1972, and Service Merchandise was already trading then; how long before that, our data does not say. At its peak, on January 26, 1993, the market valued it at $1.5 billion. It ended in a collapse: the last trade was $0.28, -98.2% from its split-adjusted high. The delisting record says: likely failure.

1972-121999-12
Peak market value$1.5 billionJanuary 26, 1993
Highest split-adjusted share price$15.25January 26, 1993
Last share price$0.28December 2, 1999
From its split-adjusted high to the end-98.2%
Return over the days in our data+1.3%with dividends, before the last trade
Worst single day-50.0%December 15, 1998

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. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Department Stores