What nickname was given to the 2000–2002 collapse in technology stocks?

The story behind the answer

The 2000–2002 collapse in technology stocks was nicknamed the Dot-com crash.

The crash followed the Dot-com bubble, a period when investors placed exceptionally high valuations on internet and technology companies. Many newly listed firms had little revenue, no profits, or business models that depended on rapid future growth. The Nasdaq Composite reached 5,048.62 on March 10, 2000, before expectations began to reverse.

As investors reassessed technology companies, share prices fell and many internet startups failed. The Nasdaq lost roughly 78% of its value from its March 2000 peak to its October 2002 low. The collapse also affected established technology firms, although some companies with durable products and cash flows eventually recovered and expanded.

The Dot-com crash is not the same event as the 1987 global stock-market crash or the 2008 financial crisis. It centered especially on technology and internet shares, while the 2008 crisis was driven primarily by housing, credit, and banking-system stress. The crash nevertheless contributed to a broader U.S. recession in the early 2000s.

Source: Wikipedia · fact-checked Oct. 2026

Add question to a list

Choose a list to keep this question in: