Hindsight Market

The Graveyard › 1997

Target Therapeutics Inc

TGET · Instruments & Medical Devices · NASDAQ · in our data January 24, 1992 to April 8, 1997 (5.2 years)

The first trading day in our data for Target Therapeutics Inc is January 24, 1992 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 10, 1997, the market valued it at $1.1 billion. It left the market when it was bought or merged, last trading at $63.25, -12.1% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1992-011997-04
Peak market value$1.1 billionMarch 10, 1997
Highest split-adjusted share price$71.94March 10, 1997
Last share price$63.25April 8, 1997
From its split-adjusted high to the end-12.1%
Return over the days in our data+311.4%with dividends, before the last trade
Worst single day-27.7%October 5, 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 1992.

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Also gone in 1997: Instruments & Medical Devices