ZM’s worst drop since 2019 was 90%
Zoom Communications (ZM) fell 90% from Oct 2020 to Aug 2024. It has not closed above that Oct 2020 peak since, 6.0 years later. Over the same years the S&P 500 fell as much as 34%.
That drop ranks 190th deepest among the 986 stocks PortfolioAutopsy tracks.
Drawdown from the last high, 2019 to now
How ZM held up in each crash
| Crash | Years | ZM | 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 | −28.7% | −33.7% |
| 2022 rate shock | 2022 | −64.5% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
See how ZM 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 ZM’s maximum drawdown?
ZM’s deepest fall since 2019 was 90.2%, from its high on October 19, 2020 to its low on August 12, 2024. The figure uses daily prices with dividends reinvested.
How long did ZM take to recover?
It has not recovered yet. As of October 13, 2026 it sits 82.7% below that Oct 2020 high.
Was ZM riskier than the S&P 500?
Over the same years, ZM’s worst drop was 90.2% against 33.7% for the S&P 500 (SPY), and its worst 12 months were −76.6% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, April 22, 2019 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.