Bear Stearns stock
Bear Stearns (BSC): bought by JPMorgan 30 May 2008. Peak close $171.51 a share (12 Jan 2007). Final price $9.58 a share (29 May 2008). Bear Stearns and the other defunct companies are on one page, each with its dates, prices and sources.
Key dates and prices
| Ticker | BSC |
|---|---|
| Founded | 1923 |
| Peak close | $171.51 a share, 12 Jan 2007 |
| Share basis | common shares (no splits after 2007) |
| Final price | $9.58 a share, 29 May 2008 |
| What happened | Bought by JPMorgan, 30 May 2008 |
| Checked | 27 Sep 2026 |
What happened
Bear Stearns was an 85-year-old investment bank when its shareholders voted to sell it in 2008.
Its stock hit a closing high of $171.51 on Jan 12, 2007.
On Mar 16, 2008 JPMorgan agreed to buy it for 0.05473 JPMorgan shares per share, about $2 a share.
The New York Fed backed the deal with $29 billion in financing secured by $30 billion of Bear Stearns assets.
On Mar 24, 2008 the offer was raised to 0.21753 JPMorgan shares, about $10 a share.
Shareholders approved the deal on May 29, 2008, and about 7,000 Bear Stearns employees moved to JPMorgan.
The merger was completed on May 30, 2008, and trading on the NYSE ended.
Cause: Fed-backed sale to JPMorgan. First offered $2 a share. Settled for $10. 2008.
What was the ticker symbol for Bear Stearns stock?
Bear Stearns traded under the ticker BSC. Bear Stearns: bought by JPMorgan 30 May 2008.
What was the peak price of Bear Stearns stock?
The peak close was $171.51 a share, on 12 Jan 2007. Share basis: common shares (no splits after 2007).
What was the final price of Bear Stearns stock?
The final price was $9.58 a share, on 29 May 2008. Bear Stearns: bought by JPMorgan 30 May 2008.
Checked 27 September 2026. History, not advice.
Sources: sec.gov, nbcnews.com, cnbc.com, sec.gov, newyorkfed.org, sec.gov, sec.gov, sec.gov