Hindsight Market

The Graveyard › 2008

Wheeling Pittsburgh Corp

ESMK · Steel & Metals · NASDAQ · in our data October 28, 2003 to August 4, 2008 (4.8 years)

The first trading day in our data for Wheeling Pittsburgh Corp is October 28, 2003 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 25, 2008, the market valued it at $809 million. By the end it had fallen hard: the last trade was $19.27, -55.5% from its split-adjusted high. Our data does not say why it stopped trading.

2003-102008-08
Peak market value$809 millionJune 25, 2008
Highest split-adjusted share price$43.35March 4, 2005
Last share price$19.27August 4, 2008
From its split-adjusted high to the end-55.5%
Return over the days in our data+116.5%with dividends, before the last trade
Worst single day-28.0%May 10, 2005

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 2003.

Could you have seen it coming? Play The Crash of '08

Also gone in 2008: Steel & Metals