Hindsight Market

The Graveyard › 2003

Tremont Corp

TRE · Steel & Metals · NYSE · in our data December 23, 1988 to February 7, 2003 (14.1 years)

The first trading day in our data for Tremont Corp is December 23, 1988 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 17, 1990, the market valued it at $1.1 billion. It left the market when it was bought or merged, last trading at $27.83, -51.4% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1988-122003-02
Peak market value$1.1 billionAugust 17, 1990
Highest split-adjusted share price$57.29May 1, 1998
Last share price$27.83February 7, 2003
From its split-adjusted high to the end-51.4%
Return over the days in our data+280.6%with dividends, before the last trade
Worst single day-18.2%November 7, 1990

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 1988.

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