NKE’s worst drop since 1999 was 79%
Nike, Inc. (NKE) fell 79% from Nov 2021 to Oct 2026. It has not closed above that Nov 2021 peak since, 4.9 years later. Over the same years the S&P 500 fell as much as 55%.
That drop ranks 394th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 1999 to now
How NKE held up in each crash
| Crash | Years | NKE | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | −49.7% | −47.5% |
| Financial crisis | 2007–09 | −44.1% | −55.2% |
| COVID crash | 2020 | −39.8% | −33.7% |
| 2022 rate shock | 2022 | −49.6% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how NKE behaves inside your whole mix, with the worst 12 months, loss odds and crash replays. Free, no signup, and the math runs in your browser.
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What was NKE’s maximum drawdown?
NKE’s deepest fall since 1999 was 79.0%, from its high on November 5, 2021 to its low on October 2, 2026. The figure uses daily prices with dividends reinvested.
How long did NKE take to recover?
It has not recovered yet. As of October 13, 2026 it sits 78.1% below that Nov 2021 high.
Was NKE riskier than the S&P 500?
Over the same years, NKE’s worst drop was 79.0% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −52.9% against −47.4%.
Compare with
Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.