Hindsight Market

The Graveyard › 1997

Smith's Food & Drug Centers

SFD · Grocery · NYSE · in our data June 22, 1989 to September 9, 1997 (8.2 years)

The first trading day in our data for Smith's Food & Drug Centers is June 22, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on September 8, 1997, the market valued it at $718 million. It left the market without a crash, last trading at $58.75. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1989-061997-09
Peak market value$718 millionSeptember 8, 1997
Highest split-adjusted share price$59.75July 16, 1997
Last share price$58.75September 9, 1997
From its split-adjusted high to the end-1.7%
Return over the days in our data+215.3%with dividends, before the last trade
Worst single day-13.2%May 24, 1996

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 1989.

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Also gone in 1997: Grocery