Hindsight Market

The Graveyard › 1997

Solv Ex Corp

3SOLVQ · Oil & Gas · NASDAQ · in our data July 8, 1981 to July 11, 1997 (16 years)

The first trading day in our data for Solv Ex Corp is July 8, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on January 30, 1996, the market valued it at $772 million. By the end it had fallen hard: the last trade was $4.25, -88.5% from its split-adjusted high. Our data does not say why it stopped trading.

1981-071997-07
Peak market value$772 millionJanuary 30, 1996
Highest split-adjusted share price$36.87January 30, 1996
Last share price$4.25July 11, 1997
From its split-adjusted high to the end-88.5%
Return over the days in our data+257.9%with dividends, before the last trade
Worst single day-66.1%March 25, 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 1981.

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Also gone in 1997: Oil & Gas