Hindsight Market

The Graveyard › 1987

Taft Broadcasting Co

TFB. · Unknown · NYSE · in our data January 2, 1968 to October 6, 1987 (19.8 years)

Our price history begins on January 2, 1968, and Taft Broadcasting Co was already trading then; how long before that, our data does not say. At its peak, on April 1, 1987, the market valued it at $1.5 billion. It left the market without a crash, last trading at $156.62. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1968-011987-10
Peak market value$1.5 billionApril 1, 1987
Highest split-adjusted share price$157.64April 1, 1987
Last share price$156.62October 6, 1987
From its split-adjusted high to the end-0.6%
Return over the days in our data+1242.6%with dividends, before the last trade
Worst single day-11.5%July 29, 1969

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.

Could you have seen it coming? Play Black Monday

Also gone in 1987: Unknown