On March 10, 2000, the Nasdaq hit an all-time high of 5,048.62.
A month later, it lost 34.2% of its value.
By October 9th, 2002, it lost 78% of its value. It wouldn’t reach its previous all-time high again until April 2015.
“On March 10, 2000”
Nice cherry picking but I will play.
ETN then: 15
ETN today: 377
Up over 2500%