What nickname describes the collapse of technology-stock prices that began in March 2000?

The collapse of technology-stock prices that began in March 2000 is known as the dot-com bubble burst.

The Nasdaq Composite reached an intraday peak of 5,132.52 on March 10, 2000. Many internet companies had attracted enormous valuations despite limited profits, weak revenues, or business models that depended on continued investor enthusiasm.

After the peak, technology shares fell as investors reassessed those valuations. The Nasdaq lost roughly 78% of its value from its 2000 peak to its October 2002 low. Numerous internet companies failed, while surviving firms faced layoffs, restructuring, and sharply reduced access to investment capital.

The crash did not mean that the internet lacked economic value. Instead, it showed that a transformative technology can coexist with unsustainable stock prices. Companies such as Amazon survived the downturn, while many firms remembered mainly for their websites disappeared. The term “dot-com” refers to the internet businesses whose domain names commonly used the .com suffix.