Baillie Gifford buys 15% of Bending Spoons, sparking 26% stock rally

Baillie Gifford acquired 49.5 million shares of Bending Spoons SpA on July 31, 2026. The firm purchased the shares at a price of $35.20 each.

The transaction establishes a 15.2% stake in the company. This position represents 1.56% of Baillie Gifford’s total portfolio.

Bending Spoons launched its initial public offering on July 1, 2026. The company recently completed a major acquisition of Airtable.

Shares of Bending Spoons have gained over 26% since the date of the purchase.