Hindsight Market

The Graveyard › 1998

Western Atlas

WAI · Oil & Gas · NYSE · in our data March 18, 1994 to August 10, 1998 (4.4 years)

The first trading day in our data for Western Atlas is March 18, 1994 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on May 11, 1998, the market valued it at $5.1 billion. It left the market without a crash, last trading at $60.06. The delisting record says: delisted or deregistered. Many companies end this way when they are bought, merged or taken private.

1994-031998-08
Peak market value$5.1 billionMay 11, 1998
Highest split-adjusted share price$92.87May 11, 1998
Last share price$60.06August 10, 1998
From its split-adjusted high to the end-35.3%
Return over the days in our data+78.4%with dividends, before the last trade
Worst single day-8.1%January 22, 1998

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 1994. How these numbers are made · Report a data issue.

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Also gone in 1998: Oil & Gas