What nickname describes the 2000–2002 collapse of technology and internet-company share prices?

The 2000–2002 collapse of technology and internet-company share prices is called the dot-com crash.

During the late 1990s, investors poured money into internet businesses, often valuing companies on expected future growth rather than profits. Many newly listed firms had little revenue, yet their shares rose dramatically amid enthusiasm about the commercial potential of the web.

The Nasdaq Composite reached a peak of 5,048.62 on 10 March 2000. As investors reassessed unrealistic valuations, technology shares fell heavily. The bubble's collapse destroyed large amounts of market value and pushed many internet companies into bankruptcy or acquisition.

The crash did not mean that the internet lacked economic value. Companies such as Amazon survived and eventually became major businesses, while many speculative ventures disappeared. The common lesson is that a transformative technology can be real even when the prices attached to some companies are unsustainable.