On July 7, Bending Spoons declined 6.09% in regular trading, trading at $36.34/share, with turnover of $12.58 million.

The stock debuted on the Nasdaq on July 1 at an IPO price of $29.00/share, surging approximately 40% on its first day and briefly exceeding $40. Since then, the stock has faced sustained selling pressure from early investors locking in gains, falling 11.28% on July 3, 6.29% on July 6, and continuing lower in the current session. As a newly listed stock less than one week old with substantial initial gains, concentrated profit-taking has significantly amplified short-term volatility.

Meanwhile, Italian investment firm Tamburi Investment Partners announced plans to retain approximately 2.5% of its stake post-IPO, signaling continued long-term confidence. Bending Spoons grows through acquiring and optimizing digital businesses, operating brands including AOL, Eventbrite, and Vimeo, with over 500 million monthly active users and more than 9 million monthly paying subscribers.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)