Iridium Communications Inc drawdown: 34.9% below the all-time high (price)
Iridium Communications Inc is 34.9% below its all-time high, set Apr 21, 2023 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −34.9%
- 65.1% of ATH
- All-time high
- $67.26
- Apr 21, 2023
- Time below the high
- 3.5 yrs
- since Apr 21, 2023
- Worst-ever drawdown
- −76.4%
- Nov 20, 2025
- Longest underwater
- 8.1 yrs
- between all-time highs
- Today's level first reached
- Jan 12, 2021
- 5.8 yrs ago
- Last time this deep
- Jun 16, 2022
- in a previous episode
% of all-time high since 2008: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Apr 21, 2023 | Nov 20, 2025 | −76.4% | 2.6 yrs | not yet | 3.5 yrs+ |
| Sep 29, 2009 | Nov 8, 2013 | −52.8% | 4.1 yrs | Oct 26, 2017 | 8.1 yrs |
| Feb 13, 2020 | Mar 18, 2020 | −43.8% | 34 days | Nov 17, 2020 | 9 mo |
| Feb 8, 2021 | Feb 4, 2022 | −41.1% | 12 mo | Jan 6, 2023 | 1.9 yrs |
| Dec 3, 2018 | Dec 24, 2018 | −29.9% | 21 days | Mar 15, 2019 | 3 mo |
| Apr 23, 2019 | Oct 8, 2019 | −27.2% | 6 mo | Feb 5, 2020 | 9 mo |
| Oct 1, 2018 | Oct 29, 2018 | −20.9% | 28 days | Nov 26, 2018 | 56 days |
| Oct 27, 2017 | Nov 3, 2017 | −17.7% | 7 days | Jan 12, 2018 | 3 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2008: how far Iridium Communications Inc stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Iridium Communications Inc from its all-time high?
- Iridium Communications Inc is currently 34.9% below its all-time high, set Apr 21, 2023 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Iridium Communications Inc drawdown ever?
- The deepest decline on record in our data (since 2008) took Iridium Communications Inc 76.4% below its prior high, bottoming Nov 20, 2025. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from IRDM; no free deep history exists for Iridium Communications Inc — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.