What was the 2000–2002 collapse of technology-stock valuations commonly called?

The 2000–2002 collapse of technology-stock valuations is commonly 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 rose rapidly and reached a record closing level of 5,048.62 on 10 March 2000.

After the bubble began to burst, many companies ran out of cash, shares collapsed, and numerous internet start-ups failed. The Nasdaq eventually fell about 78 percent from its March 2000 peak to its October 2002 low. The downturn also affected established technology companies, though the internet itself continued expanding.

The dot-com crash is not the same event as the 2008 financial crisis. It centered on technology-stock valuations and venture investment, while 2008 centered on housing credit, banks, and complex financial products.