Xerox - The stock that didn't survive the decade of personal computing in 1970s, the dot-com bubble burst of 2000 and the 2020 global pandemic

Oct 1966

Between late June, 1966, when it stood at 267¾, and early October, when it dipped to 131⅝, the market value of the company was more than cut in half. In the single business week of October 3rd through October 7th, Xerox dropped 42½ points, and on one particularly alarming day—October 6th—trading in Xerox on the New York Stock Exchange had to be suspended for five hours because there were about twenty-five million dollars’ worth of shares on sale that no one wanted to buy.

Reference: survival8

Trading at 15.53 USD by Jan 1983.



Dec 2000



Oct 2020

Tags: Management,Investment,