NBIX drawdown: 18.7% below the all-time high
Neurocrine Biosciences Inc. (NBIX) is 18.7% below its all-time high, set Jul 30, 2026 (as of market close, Aug 13, 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. "All-time" means since our price data begins (1996).
- Below all-time high
- −18.7%
- 81.3% of ATH
- All-time high
- $185.5
- Jul 30, 2026
- Time below the high
- 14 days
- since Jul 30, 2026
- Worst-ever drawdown
- −97.2%
- Nov 12, 2009
- Longest underwater
- 11.6 yrs
- between all-time highs
- Today's level first reached
- Aug 1, 2024
- 2.0 yrs ago
- Last time this deep
- Apr 13, 2026
- in a previous episode
% of all-time high since 1996#
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.
% of all-time high on the price basis — the all-time high considers the full history of NBIX, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 |
|---|---|---|---|---|---|
| Mar 15, 2006 | Nov 12, 2009 | −97.2% | 3.7 yrs | Nov 2, 2017 | 11.6 yrs |
| Feb 26, 1997 | Jul 22, 1999 | −70.3% | 2.4 yrs | Nov 22, 1999 | 2.7 yrs |
| Mar 3, 2000 | Mar 12, 2001 | −66.2% | 12 mo | Nov 20, 2001 | 1.7 yrs |
| Dec 24, 2001 | Jul 10, 2002 | −54.1% | 7 mo | Jun 5, 2003 | 17 mo |
| Apr 27, 2004 | May 2, 2005 | −50.7% | 12 mo | Feb 27, 2006 | 1.8 yrs |
| Jul 15, 2020 | Jan 27, 2022 | −46.4% | 1.5 yrs | Jan 17, 2024 | 3.5 yrs |
| Sep 4, 2018 | Dec 24, 2018 | −45.7% | 4 mo | Jun 19, 2020 | 1.8 yrs |
| May 23, 1996 | Jul 15, 1996 | −44.0% | 53 days | Oct 7, 1996 | 5 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 1996: how far NBIX 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: NBIX is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 NBIX from its all-time high?
- NBIX is currently 18.7% below its all-time high, set Jul 30, 2026 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest NBIX drawdown ever?
- The deepest decline on record in our data (since 1996) took the stock 97.2% below its prior high, bottoming Nov 12, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1996 (split-adjusted). "All-time" means since our price data begins — NBIX may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.