Hindsight Market

The Graveyard › 1996

Summit Bancorporation

SUBN · Banks · NASDAQ · in our data February 23, 1981 to February 29, 1996 (15 years)

The first trading day in our data for Summit Bancorporation is February 23, 1981 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on February 16, 1996, the market valued it at $1.2 billion. It left the market when it was bought or merged, last trading at $34.75, -2.5% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1981-021996-02
Peak market value$1.2 billionFebruary 16, 1996
Highest split-adjusted share price$35.63February 16, 1996
Last share price$34.75February 29, 1996
From its split-adjusted high to the end-2.5%
Return over the days in our data+1090.5%with dividends, before the last trade
Worst single day-34.5%January 2, 1986

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

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Also gone in 1996: Banks