Largest Nasdaq Corrections:
Percentage February 8, 1971 to February 4, 2005 |
|
Rank |
High |
Low |
Low |
Correction |
Days |
New High |
New High |
Days To |
|
1 |
03/10/00 |
5,048.62 |
10/09/02 |
1,114.11 |
-77.93% |
943 |
Open |
||
2 |
01/11/73 |
136.84 |
10/03/74 |
54.87 |
-59.90% |
630 |
09/07/78 |
137.09 |
2,065 |
3 |
08/26/87 |
455.26 |
10/28/87 |
291.88 |
-35.89% |
63 |
08/03/89 |
456.93 |
708 |
4 |
10/09/89 |
485.73 |
10/16/90 |
325.44 |
-33.00% |
372 |
04/01/91 |
491.20 |
539 |
5 |
06/24/83 |
328.91 |
07/25/84 |
225.30 |
-31.50% |
397 |
01/07/86 |
329.74 |
928 |
6 |
07/20/98 |
2,014.25 |
10/08/98 |
1,419.12 |
-29.55% |
80 |
11/27/98 |
2,016.44 |
130 |
7 |
05/29/81 |
223.47 |
08/13/82 |
159.14 |
-28.79% |
441 |
11/04/82 |
225.01 |
524 |
8 |
02/08/80 |
165.25 |
03/27/80 |
124.09 |
-24.91% |
48 |
07/14/80 |
166.52 |
157 |
9 |
09/13/78 |
139.25 |
11/14/78 |
110.88 |
-20.37% |
62 |
07/26/79 |
139.52 |
316 |
10 |
06/05/96 |
1,249.15 |
07/24/96 |
1,042.37 |
-16.55% |
49 |
10/07/96 |
1,250.87 |
124 |
11 |
07/03/86 |
411.16 |
09/16/86 |
343.67 |
-16.41% |
75 |
02/13/87 |
412.48 |
225 |
12 |
02/12/92 |
644.92 |
06/26/92 |
547.84 |
-15.05% |
135 |
11/24/92 |
645.94 |
286 |
13 |
10/09/97 |
1,745.85 |
12/24/97 |
1,499.53 |
-14.11% |
76 |
02/23/98 |
1,751.76 |
137 |
14 |
03/18/94 |
803.93 |
06/24/94 |
693.79 |
-13.70% |
98 |
03/14/95 |
808.24 |
361 |
15 |
01/22/97 |
1,388.06 |
04/02/97 |
1,201.00 |
-13.48% |
70 |
05/23/97 |
1,389.72 |
121 |
16 |
10/05/79 |
152.29 |
10/23/79 |
132.61 |
-12.92% |
18 |
01/10/80 |
153.12 |
97 |
17 |
04/29/71 |
112.46 |
11/23/71 |
100.31 |
-10.80% |
208 |
12/29/71 |
112.57 |
244 |
18 |
04/22/98 |
1,917.61 |
06/15/98 |
1,715.75 |
-10.53% |
54 |
07/08/98 |
1,935.39 |
77 |
19 |
02/01/99 |
2,510.09 |
02/17/99 |
2,248.91 |
-10.41% |
16 |
04/05/99 |
2,560.06 |
63 |
20 |
04/26/99 |
2,652.05 |
05/25/99 |
2,380.90 |
-10.22% |
29 |
06/30/99 |
2,686.12 |
65 |
Notes: The previous four 30-percent corrections lasted an average 1,060 days. The current correction is 1,792 days old (as of February 4, 2005). |
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