Bending Spoons Stock Soars on Berkshire’s Increased Stake
Shares of Bending Spoons surged as much as 55% after Berkshire Hathaway Inc. agreed to invest an additional $330 million in the Italian technology conglomerate. The investment brings Berkshire’s stake in Bending Spoons to 4% and gives Bending Spoons more capital to pursue acquisitions. Bloomberg's Matt Palazola joins to discuss. (Source: Bloomberg)