Encyclopedia of Investment Terminology

Return to Stock Market and Investment Encyclopedia Index

Dot-Com Bubble

The dot-com bubble was a financial trend in the late 1990s that involved many stock markets riding on the successes of Internet businesses and other industries that related to it. Various new businesses were formed online. The NASDAQ even exceeded 5000 on some days. Massive sell orders for many high-value stocks in the Internet sector, and declined business spending following the Y2K switchover caused this bubble to burst. As a result the NASDAQ plummeted in value and has yet to reach its bubble-era value while many online businesses went out of business.

Return to Index

Copyright 2008 StockDic.com
All Rights Reserved.