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Warner Bros. Discovery Inc. Series A Common StockStock · Communication ServicesNasdaq-100 0.3% · S&P 500 Equal Weight 0.2% · Nasdaq Composite 0.1% · S&P 500 0.1% · Russell 1000 0.09% · Russell 3000 0.09% · US Stock Market 0.09% · MSCI World 0.07% · MSCI ACWI 0.07%
$28.06-0.51%
as of market close, Sep 11, 2026
☾ AH $28.06 +0.02%
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Warner Bros. Discovery Inc. Series A Common Stock drawdown: 63.7% below the all-time high

Warner Bros. Discovery Inc. Series A Common Stock is 63.7% below its all-time high, set Mar 19, 2021 (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
−63.7%
36.3% of ATH
All-time high
$77.27
Mar 19, 2021
Time below the high
5.5 yrs
since Mar 19, 2021
Worst-ever drawdown
−91.3%
Aug 12, 2024
Longest underwater
7.1 yrs
between all-time highs
Today's level first reached
May 3, 2012
14.4 yrs ago
Last time this deep
Nov 16, 2017
in a previous episode

% of all-time high since 2005#

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%
WBD close · log10.0020.0050.00
2010201520202025

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Mar 19, 2021Aug 12, 2024−91.3%3.4 yrsnot yet5.5 yrs+
Oct 5, 2007Oct 24, 2008−64.9%13 moSep 16, 20091.9 yrs
Dec 30, 2013Nov 14, 2017−64.8%3.9 yrsFeb 12, 20217.1 yrs
May 19, 2011Aug 8, 2011−23.4%3 moFeb 8, 20129 mo
Jul 12, 2005Aug 9, 2006−18.0%13 moDec 11, 200617 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 2005: how far Warner Bros. Discovery Inc. Series A Common Stock 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 Warner Bros. Discovery Inc. Series A Common Stock from its all-time high?
Warner Bros. Discovery Inc. Series A Common Stock is currently 63.7% below its all-time high, set Mar 19, 2021 (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 Warner Bros. Discovery Inc. Series A Common Stock drawdown ever?
The deepest decline on record in our data (since 2005) took Warner Bros. Discovery Inc. Series A Common Stock 91.3% below its prior high, bottoming Aug 12, 2024. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from WBD; no free deep history exists for Warner Bros. Discovery Inc. Series A Common Stock — 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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