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Wajeeh Khan

Berkshire Hathaway Just Gave Bending Spoons Stock a Big Boost

Bending Spoons Berkshire Hathaway BSP Berkshire

Bending Spoons (BSP) shares ripped higher on Wednesday morning after Berkshire Hathaway (BRK.A) (BRK.B) agreed to invest another $330 million in the Italian technology group. The conglomerate had invested about $600 million in BSP’s initial public offering (IPO); its total stake in the Nasdaq-listed firm now sits at about 4%.

Following today’s surge, Bending Spoons stock is up nearly 63% versus the start of this year.

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