Bending Spoons shares surge 40% on market debut after acquiring legacy tech brands

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Italian tech company Bending Spoons saw its stock jump 40% on its first day of trading, defying a broader slump in the SaaS sector. The company has built its business model around acquiring and revitalizing older, well-known technology brands. Its portfolio includes recognizable names such as AOL, Eventbrite, Evernote, Meetup, and Vimeo. The strong debut signals investor confidence in Bending Spoons' strategy of breathing new life into legacy platforms.

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