Shares in the owner of AOL surged during their stock-market debut.
The listing follows a record-breaking first half of the year for U.S. initial public offerings.
Bending Spoons, the company that owns AOL, made its public market entrance. The stock jumped in early trading.
Investors responded positively to the offering. The company was valued at over $18 billion.
The successful debut adds to a strong IPO market in 2025. Companies have raised a historic amount of capital in the first six months.
Bending Spoons acquired AOL in a deal announced earlier. The acquisition was part of the company’s strategy to expand its digital portfolio.
The company now operates AOL alongside other digital properties. The IPO provides funds for further growth and acquisitions.
Market analysts noted the listing’s performance as a sign of investor confidence. The tech and media sector continues to attract strong interest.
The stock’s rise on the first day reflects demand for new offerings. The broader market has seen a wave of similar listings this year.
