Hindsight Market

The Graveyard › 1988

Trans World Airlines

3TWAIQ · Unknown · NYSE · in our data March 3, 1983 to October 24, 1988 (5.6 years)

The first trading day in our data for Trans World Airlines is March 3, 1983 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 16, 1988, the market valued it at $1.1 billion. It left the market without a crash, last trading at $36.62. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1983-031988-10
Peak market value$1.1 billionAugust 16, 1988
Highest split-adjusted share price$37.50August 16, 1988
Last share price$36.62October 24, 1988
From its split-adjusted high to the end-2.3%
Return over the days in our data+154.8%with dividends, before the last trade
Worst single day-46.2%October 20, 1987

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 1983.

Play today's Daily Drop

Also gone in 1988: Unknown