Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Business
Ryan Hasson

Berkshire Just Backed This Little-Known Stock—Should You Chase It?

When Berkshire Hathaway (NYSE: BRK.B) makes a move, the entire market stops to look. So when news broke on Oct. 14 that Berkshire had poured another $330 million into a relatively unknown Italian software company, the reaction was quick and absolutely dramatic.

Shares of Bending Spoons (NASDAQ: BSP) rocketed more than 40% in a single session. It’s the kind of headline and price action that grabs every investor's attention and raises the obvious question: with arguably the most famous name in investing doubling down, should you buy too?

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.