Opera Limited Rallies 16% Year to Date: Should You Buy the Stock?
Opera(OPRA) ZACKS·2024-10-16 01:21
Opera Limited (OPRA) shares have gained 16.1% in the year-to-date (YTD) period underperforming the Zacks Computer & Technology sector's rise of 25.4% but outperforming the Zacks Internet - Content sector's rise of 6.1%. Opera Limited is benefiting from continued momentum in user adoption and broader monetization efforts, particularly in its advertising and search revenues. In the second quarter of 2024, Advertising revenues grew 20% year over year to reach $65 million, while Search revenues witnessed a 15% ...