The company's philosophy is entirely based around the following statement: In order to differentiate itself, the company has continued to develop and release new versions of the Opera browser, and it has also expanded into other areas of complimentary technology, such as mobile gaming and blockchain. The first version of the Opera browser was released the same year as the company's founding and it has quickly become one of the most popular browsers in the world, although it still significantly trails Google's Chrome, Microsoft's Edge, and Apple's Safari browsers in terms of market share. The company's total user base, including users of its desktop browsers, mobile browsers and other services averages around 320 million monthly active users. Opera Limited is a Norwegian technology company founded in 1995 and headquartered in Oslo, Norway. In case you're unfamiliar with the company, here's a little breakdown. Has the stock come too far too quickly? Let's dive in. Given the pullback in price, we thought it would be a perfect opportunity to initiate coverage on the stock and give readers our opinion on whether or not this recent dip is buyable. In the days since then, the stock has come off more than 20% to its current trading price (as of writing) around $17 per share. In that 9 month span, shares went from a low around $4, to nearly $22 as of last Friday, June 16th: In case you're living under a rock, Opera Limited ( NASDAQ: OPRA) is one of the hottest stocks on the market right now, up an astounding 453% since late October 2022 through the recent high made a few days ago.
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