AOL and Eventbrite owner Bending Spoons soars 40% on Nasdaq debut

- Bending Spoons is a Milan-based app developer best known for owning Evernote (note-taking app), Meetup (social events platform), and Eventbrite (ticketing service). It also revived the iconic AOL brand. - The company went public on the Nasdaq stock exchange, and its shares surged about 40% on day one — a rare strong debut in a sluggish IPO market. - Bending Spoons has a distinctive strategy: it buys struggling but well-known apps, cuts costs aggressively, adds AI features, and tries to make them profitable. This approach has drawn both admiration and criticism. - The strong IPO signals investor appetite for profitable tech companies, especially European ones listing in the US.