This new $330 million investment adds to a $600 million purchase Berkshire made during the company's initial public offering in July. Some market observers noted that the position constitutes only 0.33% of Berkshire's total portfolio and raised concerns regarding slowing organic growth and the company's terminal value.
Tuesday, October 20, 2026
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Bending Spoons Shares Surge 52% on Berkshire's Investment Expansion
Business6 days ago
Investors drove shares of Bending Spoons up by more than 50% on Tuesday after Berkshire Hathaway expanded its position in the software company. The surge followed the disclosure that Warren Buffett's conglomerate purchased 10 million shares at $33 each through a private placement, a move that increased its total ownership stake to 4%.
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