Which 2000–2002 market crash followed the bursting of heavily valued internet-company shares?
Answer
Dot-com bubble crash
Answer
Dot-com bubble crash
The 2000–2002 market crash that followed the bursting of heavily valued internet-company shares is called the dot-com bubble crash.
During the late 1990s, investors poured money into internet and technology firms, often rewarding rapid user growth despite little or no profit. The Nasdaq Composite reached 5,048.62 intraday on March 10, 2000. As companies missed expectations and financing dried up, technology shares collapsed.
The Nasdaq lost roughly 78% from its peak to its October 2002 low. Many start-ups failed, while profitable technology companies eventually recovered and became major businesses. The crash is sometimes confused with the 2008 financial crisis, but the dot-com episode centered on equity valuations and venture financing rather than a worldwide mortgage-credit seizure.
Source: Wikipedia · fact-checked Oct. 2026