What was the name of the 2000–2002 market collapse centered on internet companies?
Answer
Dot-com crash
Answer
Dot-com crash
The 2000–2002 market collapse centered on internet companies was the dot-com crash.
During the late 1990s, investors placed exceptionally high valuations on internet and technology businesses, including many firms with little revenue or no profits. The Nasdaq Composite became the main public measure of this enthusiasm and reached a closing peak of 5,048.62 on March 10, 2000.
After that peak, technology shares fell sharply. The Nasdaq lost about 78% of its value by October 2002, while many heavily funded internet start-ups failed or were acquired. The collapse also reduced venture capital and business investment in the technology sector.
The dot-com crash is sometimes called the bursting of the dot-com bubble. It was not the same event as the 1987 global stock-market crash or the 2008 financial crisis, although all three produced major losses in different circumstances.
Source: Wikipedia · fact-checked Oct. 2026