Bending Spoons is trading 10.01% up at $48.90 after Baillie Gifford disclosed acquiring 49.5 million shares on July 31 at $35.20 each.
- The purchase established a 15.2% institutional stake, signaling investor commitment and supporting buying interest.
- The disclosure follows Bending Spoonsβ August 4 agreement to acquire Airtable for $1.285 billion in cash, its first post-IPO acquisition.
- With broader markets mixed on August 10, 2026, the disclosure appears to be the primary catalyst, not general market momentum.