NASDAQ Worst Open Since 2001
By: With Apple's (AAPL) disappointing announcement, the NASDAQ was set to open heavily toward the downside. On the openeing bell, the Nasdaq opened down ~65 points or almost 3%.
The last time the NASDAQ opened down over 60 points was on Sept 21, 2001 after the 9/11 attacks. The NASDAQ opened down 75 points or 5% that day. The largest drop on the open was one year earlier when the NASDAQ dropped 212 points on the open.
Worst NASDAQ Openings
| Date | Day | Prev Close | Open | Drop on Open | % Drop | Next Close | Move for the day |
|---|---|---|---|---|---|---|---|
| 9/22/00 | Fri | 3828.8 | 3616.1 | -212.7 | -5.6% | 3803.7 | -25.1 |
| 3/13/00 | Mon | 5048.6 | 4879.0 | -169.6 | -3.4% | 4907.2 | -141.4 |
| 4/5/00 | Wed | 4148.8 | 4025.9 | -122.9 | -3.0% | 4169.2 | 20.4 |
| 1/4/00 | Tue | 4131.1 | 4020.0 | -111.1 | -2.7% | 3901.6 | -229.5 |
| 4/27/00 | Thu | 3630.0 | 3519.1 | -110.9 | -3.1% | 3774.0 | 144.0 |
| 2/16/01 | Fri | 2552.9 | 2444.6 | -108.3 | -4.2% | 2425.4 | -127.5 |
| 11/30/00 | Thu | 2706.9 | 2599.0 | -107.9 | -4.0% | 2597.9 | -109.0 |
| 10/18/00 | Wed | 3213.9 | 3106.9 | -107.0 | -3.3% | 3171.5 | -42.4 |
| 3/30/00 | Thu | 4644.6 | 4540.4 | -104.2 | -2.2% | 4457.8 | -186.8 |
| 8/3/00 | Thu | 3658.4 | 3554.6 | -103.8 | -2.8% | 3759.8 | 101.4 |
| 12/20/00 | Wed | 2511.7 | 2411.0 | -100.8 | -4.0% | 2332.8 | -178.9 |
| 1/13/99 | Wed | 2320.7 | 2222.2 | -98.5 | -4.2% | 2316.8 | -3.9 |
| 4/11/00 | Tue | 4188.2 | 4094.6 | -93.6 | -2.2% | 4055.9 | -132.3 |
| 4/17/00 | Mon | 3321.2 | 3232.9 | -88.3 | -2.7% | 3539.1 | 217.9 |
| 10/11/00 | Wed | 3240.5 | 3152.3 | -88.2 | -2.7% | 3168.4 | -72.1 |
| 11/20/00 | Mon | 3027.2 | 2943.1 | -84.1 | -2.8% | 2875.6 | -151.6 |
| 4/14/00 | Fri | 3676.7 | 3597.4 | -79.3 | -2.2% | 3321.2 | -355.5 |
| 11/10/00 | Fri | 3200.3 | 3122.1 | -78.2 | -2.4% | 3028.9 | -171.4 |
| 4/3/00 | Mon | 4572.8 | 4494.8 | -78.0 | -1.7% | 4223.6 | -349.2 |
| 9/21/01 | Fri | 1470.9 | 1395.8 | -75.1 | -5.1% | 1423.2 | -47.7 |
| 11/13/00 | Mon | 3028.9 | 2956.0 | -72.9 | -2.4% | 2966.7 | -62.2 |
| 10/25/00 | Wed | 3419.7 | 3347.2 | -72.5 | -2.1% | 3229.5 | -190.2 |
| 3/2/01 | Fri | 2183.4 | 2111.2 | -72.1 | -3.3% | 2117.6 | -65.7 |
| 5/17/00 | Wed | 3717.5 | 3649.5 | -68.0 | -1.8% | 3644.9 | -72.6 |
| 3/14/01 | Wed | 2014.8 | 1948.6 | -66.2 | -3.3% | 1972.1 | -42.7 |
| 4/12/99 | Mon | 2593.0 | 2530.9 | -62.1 | -2.4% | 2598.8 | 5.8 |
| 10/21/99 | Thu | 2788.1 | 2727.7 | -60.4 | -2.2% | 2801.9 | 13.8 |
Source: LIM
With Apple's (AAPL) disappointing announcement, the NASDAQ was set to open heavily toward the downside. On the openeing bell, the Nasdaq opened down ~65 points or almost 3%. The last time the NASDAQ opened down over 60 points was on Sept 21, 2001 after the 9/11 attacks. The NASDAQ opened down 75 points or 5% that day. The largest drop on the open was one year earlier when the NASDAQ dropped 212 points on the open. More...
