Hindsight Market

The Graveyard › 1996

Wellpoint

WLP · Insurance · NYSE · in our data January 28, 1993 to May 20, 1996 (3.3 years)

The first trading day in our data for Wellpoint is January 28, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on March 30, 1995, the market valued it at $715 million. It left the market without a crash, last trading at $26.12. Our data does not say why it stopped trading. Many companies end this way when they are bought, merged or taken private.

1993-011996-05
Peak market value$715 millionMarch 30, 1995
Highest split-adjusted share price$27.57February 10, 1993
Last share price$26.12May 20, 1996
From its split-adjusted high to the end-5.2%
Return over the days in our data+7.1%with dividends, before the last trade
Worst single day-18.0%July 28, 1994

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 1993.

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Also gone in 1996: Insurance