DKNG’s worst drop since 2019 was 86%
DraftKings (DKNG) fell 86% from Mar 2021 to May 2022. It has not closed above that Mar 2021 peak since, 5.5 years later. Over the same years the S&P 500 fell as much as 34%.
That drop ranks 269th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 2019 to now
How DKNG held up in each crash
| Crash | Years | DKNG | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | not trading yet | −55.2% |
| COVID crash | 2020 | −40.2% | −33.7% |
| 2022 rate shock | 2022 | −63.0% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
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What was DKNG’s maximum drawdown?
DKNG’s deepest fall since 2019 was 85.7%, from its high on March 19, 2021 to its low on May 11, 2022. The figure uses daily prices with dividends reinvested.
How long did DKNG take to recover?
It has not recovered yet. As of October 13, 2026 it sits 72.5% below that Mar 2021 high.
Was DKNG riskier than the S&P 500?
Over the same years, DKNG’s worst drop was 85.7% against 33.7% for the S&P 500 (SPY), and its worst 12 months were −78.2% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, July 26, 2019 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.