VRTX drawdown: 9.9% below the all-time high
Vertex Pharmaceuticals Incorporated (VRTX) is 9.9% below its all-time high, set Jul 6, 2026 (as of market close, Jul 24, 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 (1991).
- Below all-time high
- −9.9%
- 90.1% of ATH
- All-time high
- $529.6
- Jul 6, 2026
- Time below the high
- 18 days
- since Jul 6, 2026
- Worst-ever drawdown
- −91.8%
- Nov 11, 2003
- Longest underwater
- 13.7 yrs
- between all-time highs
- Today's level first reached
- Jun 5, 2024
- 2.1 yrs ago
- Last time this deep
- Jun 18, 2026
- in a previous episode
% of all-time high since 1991#
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 VRTX, 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 |
|---|---|---|---|---|---|
| Nov 2, 2000 | Nov 11, 2003 | −91.8% | 3.0 yrs | Jul 2, 2014 | 13.7 yrs |
| Feb 24, 1997 | Aug 31, 1998 | −70.2% | 1.5 yrs | Feb 8, 2000 | 3.0 yrs |
| Jan 6, 1992 | Jun 18, 1992 | −60.9% | 5 mo | Oct 14, 1993 | 1.8 yrs |
| Mar 6, 2000 | Apr 14, 2000 | −55.3% | 39 days | Jun 16, 2000 | 3 mo |
| Aug 19, 2015 | Dec 22, 2016 | −49.1% | 16 mo | Jul 19, 2017 | 1.9 yrs |
| Jan 10, 1994 | Jul 5, 1994 | −45.5% | 6 mo | Aug 8, 1995 | 1.6 yrs |
| Jul 20, 2020 | Oct 5, 2021 | −41.6% | 15 mo | Aug 15, 2022 | 2.1 yrs |
| Jun 4, 1996 | Jul 16, 1996 | −38.8% | 42 days | Dec 30, 1996 | 7 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 1991: how far VRTX 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: VRTX 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 VRTX from its all-time high?
- VRTX is currently 9.9% below its all-time high, set Jul 6, 2026 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest VRTX drawdown ever?
- The deepest decline on record in our data (since 1991) took the stock 91.8% below its prior high, bottoming Nov 11, 2003. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1991 (split-adjusted). "All-time" means since our price data begins — VRTX 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.