Which 2000–2002 crash followed the bursting of a technology-stock bubble?

The dot-com crash followed the bursting of the technology-stock bubble between 2000 and 2002. Internet-related companies had attracted enormous investment despite many having little revenue, no profits, or untested business models.

The Nasdaq Composite reached an intraday peak of 5,132.52 on March 10, 2000. As investors reassessed technology companies, share prices plunged, venture funding dried up, and many internet businesses closed or entered bankruptcy.

The crash was not a rejection of the internet itself. Companies with durable products and revenues eventually survived, while the collapse removed much of the speculative excess. The Nasdaq did not regain its 2000 closing high until 2015, illustrating the scale and duration of the decline.