Bending Spoons defies SaaS slump, surges 40% on first day of trading

TechCrunch | 02.07.2026 05:47
Earlier this year, shares of traditional SaaS companies tumbled amid investor fears that software built with AI could eventually displace those businesses. Despite such concerns, Bending Spoons, a company that acquires and revitalizes stagnating but well-known tech firms, saw its shares surge in its market debut.