AOL, Vimeo owner Bending Spoons surges nearly 40% in US market debut
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Bending Spoons, the owner of AOL and Vimeo, has made its US market debut, with its stock surging nearly 40% on its first day of trading. The company's initial public offering (IPO) has been reported to be worth $1.7 billion, although some reports suggest a larger valuation. There are conflicting reports about the size of the IPO and the company's portfolio, with some outlets also mentioning Eventbrite as a subsidiary, and others reporting layoffs at Vimeo following its acquisition by Bending Spoons.
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