Hindsight Market

The Graveyard › 1998

United States Surgical Corporation

USS · Instruments & Medical Devices · NYSE · in our data December 14, 1972 to October 1, 1998 (25.8 years)

Our price history begins on December 14, 1972, and United States Surgical Corporation was already trading then; how long before that, our data does not say. At its peak, on January 15, 1992, the market valued it at $6.8 billion. By the end it had fallen hard: the last trade was $38.75, -69.7% from its split-adjusted high. The delisting record says: delisted or deregistered.

1972-121998-10
Peak market value$6.8 billionJanuary 15, 1992
Highest split-adjusted share price$127.77January 15, 1992
Last share price$38.75October 1, 1998
From its split-adjusted high to the end-69.7%
Return over the days in our data+6425.3%with dividends, before the last trade
Worst single day-32.7%April 8, 1993

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 1972. How these numbers are made · Report a data issue.

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Also gone in 1998: Instruments & Medical Devices