Bending Spoons is trading 8.34% up now at $55.72 after Baillie Gifford disclosed purchasing 49.5 million shares at $35.20, representing a 15.2% stake.
- The disclosure followed the stock’s 15.70% advance on August 10.
- Mizuho raised its price target to $72.28 from $45.00, citing peer multiple expansion.
- Investors anticipate the company’s August 13 earnings report.