Hindsight Market

The Graveyard › 1999

United Cos Financial Corp

UCFNQ · Lending · NYSE · in our data February 18, 1971 to March 5, 1999 (28 years)

The first trading day in our data for United Cos Financial Corp is February 18, 1971 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on August 16, 1996, the market valued it at $1.1 billion. It ended in a collapse: the last trade was $0.12, -99.7% from its split-adjusted high. The delisting record says: likely failure.

1971-021999-03
Peak market value$1.1 billionAugust 16, 1996
Highest split-adjusted share price$37.69August 16, 1996
Last share price$0.12March 5, 1999
From its split-adjusted high to the end-99.7%
Return over the days in our data-82.8%with dividends, before the last trade
Worst single day-71.4%March 5, 1999

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 1971.

Could you have seen it coming? Play Dot-com

Also gone in 1999: Lending