Hindsight Market

The Graveyard › 1998

Stone Container Corporation

STO · Paper · NYSE · in our data January 2, 1968 to November 18, 1998 (30.9 years)

Our price history begins on January 2, 1968, and Stone Container Corporation was already trading then; how long before that, our data does not say. At its peak, on October 5, 1987, the market valued it at $2.3 billion. By the end it had fallen hard: the last trade was $12.00, -62.2% from its split-adjusted high. Our data does not say why it stopped trading.

1968-011998-11
Peak market value$2.3 billionOctober 5, 1987
Highest split-adjusted share price$31.70October 5, 1987
Last share price$12.00November 18, 1998
From its split-adjusted high to the end-62.2%
Return over the days in our data+1339.4%with dividends, before the last trade
Worst single day-28.7%April 2, 1993

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 1968.

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