Hindsight Market

The Graveyard › 1987

Turner Broadcasting

TBS.B · Unknown · AMEX · in our data August 20, 1980 to August 24, 1987 (7 years)

The first trading day in our data for Turner Broadcasting is August 20, 1980 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on November 7, 1983, the market valued it at $642 million. It left the market without a crash, last trading at $23.88. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1980-081987-08
Peak market value$642 millionNovember 7, 1983
Highest split-adjusted share price$31.50November 7, 1983
Last share price$23.88August 24, 1987
From its split-adjusted high to the end-24.2%
Return over the days in our data+205.6%with dividends, before the last trade
Worst single day-18.1%August 12, 1981

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 1980. How these numbers are made · Report a data issue.

Could you have seen it coming? Play Black Monday

Also gone in 1987: Unknown