Hindsight Market

The Graveyard › 1999

T R Financial Corp

ROSE · Banks · NASDAQ · in our data June 29, 1993 to February 16, 1999 (5.6 years)

The first trading day in our data for T R Financial Corp is June 29, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 29, 1998, the market valued it at $784 million. It left the market without a crash, last trading at $34.50. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1993-061999-02
Peak market value$784 millionMay 29, 1998
Highest split-adjusted share price$44.06May 29, 1998
Last share price$34.50February 16, 1999
From its split-adjusted high to the end-21.7%
Return over the days in our data+670.2%with dividends, before the last trade
Worst single day-24.1%August 31, 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 1993.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Banks