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Articles in the Crash of 1987 Category

Crash of 1987 »

Posted on 30 Mar 2011 | 10,013 views
Comparing the 1929 Crash to the 1987 Crash

The stock market crashed two times during the 20th century — once in October 1929 and almost 60 years later in October 1987.

Crash of 1987 »

Posted on 12 Mar 2011 | 7,194 views
Black Monday the October 1987 Stock Market Crash

On Monday, October 19, 1987, the Dow Jones Industrial Average declined 22.6% in the largest single-day drop in history. This one day decline was not confined to the United States, but mirrored all over the world.

Crash of 1987 »

Posted on 5 Mar 2011 | 10,969 views
Apple AAPL Stock Price on October 19, 1987

When Apple went public, it generated more capital than any IPO since Ford Motor Company in 1956 and instantly created more millionaires (about 300) than any company in history. The stock opened at $22 on the day of the IPO and closed at $29. Over 40 employees who left work at Apple on December 11 as working stiffs came to work next day as millionaires after the company went public on December 12, 1980.