Morgan Stanley drawdown: 6.2% below the all-time high
Morgan Stanley is 6.2% below its all-time high, set Jul 15, 2026 (as of market close, Sep 11, 2026). 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
- −6.2%
- 93.8% of ATH
- All-time high
- $228.55
- Jul 15, 2026
- Time below the high
- 58 days
- since Jul 15, 2026
- Worst-ever drawdown
- −91.6%
- Nov 20, 2008
- Longest underwater
- 24.1 yrs
- between all-time highs
- Today's level first reached
- Jun 2, 2026
- 3 mo ago
- Last time this deep
- Jul 1, 2026
- in a previous episode
% of all-time high since 1993#
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 |
|---|---|---|---|---|---|
| Sep 11, 2000 | Nov 20, 2008 | −91.6% | 8.2 yrs | Oct 11, 2024 | 24.1 yrs |
| Jul 17, 1998 | Oct 7, 1998 | −60.3% | 3 mo | Feb 22, 1999 | 7 mo |
| Mar 24, 2000 | May 26, 2000 | −33.5% | 2 mo | Jul 13, 2000 | 4 mo |
| Oct 5, 1993 | Apr 4, 1994 | −30.3% | 6 mo | May 8, 1995 | 1.6 yrs |
| Feb 6, 2025 | Apr 4, 2025 | −29.2% | 57 days | Jul 2, 2025 | 5 mo |
| Apr 13, 1999 | Aug 6, 1999 | −28.1% | 4 mo | Nov 5, 1999 | 7 mo |
| Sep 14, 1995 | Jan 15, 1996 | −22.0% | 4 mo | Apr 1, 1996 | 7 mo |
| Feb 19, 1997 | Apr 2, 1997 | −21.1% | 42 days | Jun 6, 1997 | 4 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 1993: how far Morgan Stanley 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 Morgan Stanley from its all-time high?
- Morgan Stanley is currently 6.2% below its all-time high, set Jul 15, 2026 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Morgan Stanley drawdown ever?
- The deepest decline on record in our data (since 1993) took Morgan Stanley 91.6% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from MS; no free deep history exists for Morgan Stanley — 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.