What was the name of the 2000–2002 collapse in technology shares listed on Nasdaq?

The Dot-com crash was the 2000–2002 collapse in technology shares, especially companies associated with the internet. The Nasdaq Composite peaked at 5,048.62 on March 10, 2000, after years of speculative buying.

Investors had funded businesses with little revenue or profit because they expected rapid online growth. When earnings disappointed and interest rates rose, confidence reversed. The Nasdaq fell about 78 percent from its peak to its October 2002 low, wiping out trillions of dollars in market value.

The crash did not mean that the internet itself failed. Companies with sustainable models, including Amazon, survived and later expanded, while many heavily promoted startups disappeared. The period is also called the bursting of the dot-com bubble; “dot-com crash” specifically describes the market decline rather than the earlier boom.