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TARS
$71.03+2.20%
as of close, Oct 20, 2026
☾ AH $71.03 +2.20%
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Tarsus Pharmaceuticals Inc. drawdown: 21.8% below the all-time high (price)

Tarsus Pharmaceuticals Inc. is 21.8% below its all-time high, set Sep 4, 2026 (as of market close, Oct 20, 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
−21.8%
78.2% of ATH
All-time high
$90.78
Sep 4, 2026
Time below the high
46 days
since Sep 4, 2026
Worst-ever drawdown
−77.7%
May 6, 2022
Longest underwater
3.9 yrs
between all-time highs
Today's level first reached
Oct 15, 2025
12 mo ago
Last time this deep
Aug 5, 2026
in a previous episode

% of all-time high since 2020: 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.

Basis
Range
All-time high = 100%20%40%60%80%
TARS close · log20.0050.00
202120222023202420252026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 18, 2020May 6, 2022−77.7%17 moNov 26, 20243.9 yrs
Dec 24, 2025Jul 14, 2026−32.0%7 moSep 2, 20268 mo
Feb 5, 2025Jul 31, 2025−31.8%6 moAug 22, 20257 mo
Nov 5, 2020Nov 25, 2020−26.2%20 daysDec 7, 202032 days
Sep 4, 2026Oct 16, 2026−25.0%42 daysnot yet46 days+
Oct 21, 2020Oct 29, 2020−21.8%8 daysNov 4, 202014 days
Jan 6, 2025Jan 14, 2025−21.1%8 daysFeb 5, 202530 days
Aug 26, 2025Sep 12, 2025−16.1%17 daysSep 30, 202535 days

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 2020: how far Tarsus Pharmaceuticals Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Tarsus Pharmaceuticals Inc. from its all-time high?
Tarsus Pharmaceuticals Inc. is currently 21.8% below its all-time high, set Sep 4, 2026 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Tarsus Pharmaceuticals Inc. drawdown ever?
The deepest decline on record in our data (since 2020) took Tarsus Pharmaceuticals Inc. 77.7% below its prior high, bottoming May 6, 2022. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from TARS; no free deep history exists for Tarsus Pharmaceuticals 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.

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