What nickname was given to the 2000–2002 collapse in technology-stock prices?
Answer
Dot-com crash
Answer
Dot-com crash
The 2000–2002 collapse in technology-stock prices was widely called the dot-com crash.
During the late 1990s, investors poured money into internet companies, often valuing businesses on expected future growth rather than profits. The Nasdaq Composite, a technology-heavy U.S. index, reached a peak of 5,048.62 on March 10, 2000.
After investor confidence weakened, many internet companies failed or lost most of their market value. The Nasdaq fell about 78 percent from its peak to its October 2002 low. The downturn also affected established technology firms, venture capital, advertising markets, and business investment.
The dot-com crash is related to the dot-com bubble but is not exactly the same term: the bubble describes the period of excessive valuations, while the crash describes the subsequent collapse. Some surviving companies, including Amazon and eBay, eventually became major businesses despite the sector-wide damage.
Source: Wikipedia · fact-checked Oct. 2026