NEW YORK—Shares of investment banks fell early Thursday as Bear Stearns warned bankruptcy was a possibility if shareholders do not approve the sale of the company to JPMorgan Chase & Co. on May 29.
Shares of Bear Stearns fell 2 cents to $10.25.
Among other investment banks, shares of Goldman Sachs Group Inc. fell $1.08 to $188.68.
Shares of Lehman Brothers Holdings Inc. fell 85 cents, or 2 percent, to $42.79.
Merrill Lynch & Co. shares fell 16 cents to $48.32.
Morgan Stanley shares fell 57 cents to $46.64.
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