Hindsight Market

The Graveyard › 2003

Westpoint Stevens Inc

WXS · Apparel · NYSE · in our data August 2, 1993 to January 29, 2003 (9.5 years)

The first trading day in our data for Westpoint Stevens Inc is August 2, 1993 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on July 17, 1998, the market valued it at $2.2 billion. It ended in a collapse: the last trade was $0.45, -98.6% from its split-adjusted high. The delisting record says: likely failure.

1993-082003-01
Peak market value$2.2 billionJuly 17, 1998
Highest split-adjusted share price$31.29July 17, 1998
Last share price$0.45January 29, 2003
From its split-adjusted high to the end-98.6%
Return over the days in our data-91.9%with dividends, before the last trade
Worst single day-38.2%September 20, 2002

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 2003: Apparel