Hindsight Market

The Graveyard › 1996

Turner Broadcasting

TBS.B · Telecom & Media · AMEX · in our data September 1, 1987 to October 10, 1996 (9.1 years)

The first trading day in our data for Turner Broadcasting is September 1, 1987 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on October 10, 1996, the market valued it at $4.3 billion. It left the market when it was bought or merged, last trading at $30.88, 0.0% from its split-adjusted high. Holders got whatever the deal paid, which is not in our price data.

1987-091996-10
Peak market value$4.3 billionOctober 10, 1996
Highest split-adjusted share price$30.88October 10, 1996
Last share price$30.88October 10, 1996
From its split-adjusted high to the end0.0%
Return over the days in our data+682.9%with dividends, before the last trade
Worst single day-15.4%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 1987.

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Also gone in 1996: Telecom & Media