Vimeo Owner Bending Spoons (BSP) Stock Is Trending After Hours: Here's What You Should Know

Bending Spoons SpA (NASDAQ: BSP ) shares are trending on Wednesday night. Shares of the Italian technology conglomerate surged 2.04% to $41.32 after the bell, building on a 39.66% jump during its first regular trading session. Why the Stock Jumped Bending Spoons priced its U.S. initial public offering at $29 per share on Tuesday, above its targeted range of $26 to $28. The offering raised $1.68 billion and valued the company at about $18.4 billion, well above its $11 billion valuation from a 2025 funding round. Shares began trading under the ticker “BSP.” According to Pro data, BSP closed at $40.50 on Wednesday, with trading volume reaching 17.37 million shares. Bending Spoons has been acquiring underperforming software firms and restructuring them, building a portfolio that includes Vimeo, AOL, Evernote, WeTransfer, Brightcove and Meetup. CEO Explains Acquisition Formula...