What was the 2000–2002 crash of internet-related shares called?
Answer
Dot-com crash
Answer
Dot-com crash
The 2000–2002 collapse of internet-related shares was called the Dot-com crash.
During the late 1990s, investors poured money into internet companies, including firms with little revenue or no profits. The Nasdaq Composite rose rapidly and reached a peak of 5,048.62 on 10 March 2000.
After expectations changed, many technology shares lost most of their value. The Nasdaq fell about 78% from its peak to its October 2002 low. Numerous start-ups failed, while some surviving companies had stronger business models and eventually became major firms.
The crash is closely associated with the Dot-com bubble, but the terms are not identical. The bubble describes the earlier period of inflated valuations; the crash describes the subsequent collapse. The episode also contributed to a US recession, though it was not its only cause.
Source: Wikipedia · fact-checked Oct. 2026