NASDAQ Worst Open Since 2001

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