DKNG

Stock

DraftKings Inc.

Price

$23.84

as of Feb 27, 2026

All Time High: $71.98

🔴

Extreme

Current Drawdown

-66.9%

Days in Drawdown

1769

Avg Max Drawdown

7.9%

Avg Length

19

Drawdown Severity Score™

11.4

DKNG - Price & High Water Mark

DKNG - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

DraftKings Inc. (DKNG) Analysis: Current Drawdown Insights

DraftKings Inc. is currently experiencing an unusual drawdown opportunity. As of 2026-02-27, the stock is trading at $23.84, which represents a 66.9% decline from its all-time high of $71.98. This drawdown has persisted for 1769 days.

Based on comprehensive historical analysis spanning 6 years, DraftKings Inc. typically experiences drawdowns averaging 7.9% in depth, with an average duration of 19 days. DraftKings Inc. has gone through 26 total drawdown events in the last 6 years. The largest drawdown for DraftKings Inc. in the last 6 years was 44.5%. The longest drawdown duration in its history was 124 days.

The Drawdown Severity Score™ for DraftKings Inc. currently stands at 11.39. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown—the asset almost never experiences declines of this magnitude. This often represents a possibly exceptional opportunity for long-term investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing DraftKings Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 26 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-04-25Ongoing1769 days-66.9%$71.98$23.84
2021-03-152021-03-195 days-6.4%$71.75$67.14$71.98
2021-03-022021-03-109 days-13.4%$68.72$59.52$69.29
2021-02-082021-03-0122 days-9.5%$63.87$57.81$68.72
2020-10-052021-02-05124 days-44.5%$63.78$35.40$63.87
2020-09-292020-09-302 days-2.0%$56.89$55.74$58.84
2020-09-212020-09-288 days-9.5%$55.39$50.12$56.89
2020-09-152020-09-162 days-0.8%$48.62$48.21$51.03
2020-06-022020-09-14105 days-32.5%$43.70$29.50$48.62
2020-05-212020-05-266 days-3.8%$29.69$28.55$33.39
2020-05-132020-05-153 days-3.8%$26.30$25.31$29.23
2020-05-072020-05-115 days-1.6%$23.83$23.45$24.46
2020-04-282020-05-014 days-6.6%$19.52$18.24$20.12
2020-03-052020-04-2450 days-40.2%$18.69$11.17$19.35
2020-02-132020-03-0421 days-12.7%$18.35$16.02$18.69
2020-01-292020-02-1013 days-9.7%$15.08$13.61$16.02
2020-01-242020-01-274 days-0.6%$14.44$14.36$15.00
2020-01-132020-01-153 days-3.6%$12.39$11.94$12.70
2019-12-262020-01-0713 days-1.8%$10.84$10.64$10.90
2019-12-202019-12-234 days-0.1%$10.18$10.17$10.84
2019-11-112019-12-1838 days-0.6%$10.10$10.04$10.14
2019-11-062019-11-083 days-0.4%$10.09$10.05$10.10
2019-10-212019-10-3111 days-1.0%$9.95$9.85$10.08
2019-10-162019-10-172 days-0.2%$9.95$9.93$9.95
2019-10-032019-10-042 days-0.3%$9.92$9.89$9.92
2019-09-202019-10-0112 days-0.5%$9.90$9.85$9.92
2019-08-072019-08-2014 days-0.4%$9.80$9.76$9.85

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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