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moves money TechSpot July 05, 2026

Bending Spoons bought Vimeo, Evernote, and AOL instead of chasing AI, it just had a $25.7 billion IPO

Bending Spoons bought Vimeo, Evernote, and AOL instead of chasing AI, it just had a $25.7 billion IPO
AI Summary

The Milan-based firm raised $1.68 billion in its Nasdaq debut this week, with shares climbing 40% above the IPO price. The stock closed at $40.50, up from $29, giving the company a market value of about $25.7 billion. That's a significant jump from roughly $14.5 billion in 2025, following a...

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