Hindsight Market

The Graveyard › 2001

Thermo Cardiosystems

TCA · Instruments & Medical Devices · AMEX · in our data January 12, 1989 to February 14, 2001 (12.1 years)

The first trading day in our data for Thermo Cardiosystems is January 12, 1989 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 22, 1996, the market valued it at $2.0 billion. It left the market when it was bought or merged, last trading at $9.62, -82.5% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1989-012001-02
Peak market value$2.0 billionMay 22, 1996
Highest split-adjusted share price$54.88May 22, 1996
Last share price$9.62February 14, 2001
From its split-adjusted high to the end-82.5%
Return over the days in our data+536.6%with dividends, before the last trade
Worst single day-18.1%October 8, 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 1989. How these numbers are made · Report a data issue.

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Also gone in 2001: Instruments & Medical Devices