OPRA - Opera Limited

NasdaqGS - NasdaqGS Real-time price. Currency in USD
6.88
-0.16 (-2.27%)
At close: 4:00PM EST
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Previous close7.04
Open7.05
Bid6.72 x 1000
Ask6.95 x 800
Day's range6.81 - 7.17
52-week range6.36 - 14.94
Volume242,742
Avg. volume468,927
Market cap810.381M
Beta (5Y monthly)N/A
PE ratio (TTM)16.58
EPS (TTM)0.41
Earnings date24 Feb 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est15.43
  • Business Wire

    OPERA DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Opera Limited To Contact The Firm

    Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Opera Limited ("Opera" or the "Company") (NASDAQ:OPRA) of the March 24, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

  • Is Opera Limited's (NASDAQ:OPRA) P/E Ratio Really That Good?
    Simply Wall St.

    Is Opera Limited's (NASDAQ:OPRA) P/E Ratio Really That Good?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Business Wire

    OPRA LOSS NOTICE: ROSEN, NATIONAL INVESTOR COUNSEL, Reminds Opera Limited Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – OPRA

    Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Opera Limited (NASDAQ: OPRA): (i) pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 (the "IPO" or "Offering"); and/or (ii) Opera securities between July 27, 2018 and January 15, 2020, inclusive (the "Class Period") of the important March 24, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Opera investors under the federal securities laws.

  • Business Wire

    Shareholder Alert: Robbins LLP Reminds Investors the Lead Plaintiff Deadline is Approaching for Opera Limited (OPRA)

    Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Opera Limited (NASDAQ: OPRA) has sued the Company for alleged violations of the Securities Act of 1933 pursuant to its August 2018 initial public offering ("IPO") and for violations of the Securities Exchange Act of 1934 between July 27, 2018 and January 15, 2020. Opera provides mobile and PC web browsers in Ireland, Russia, and internationally.

  • Business Wire

    Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Opera Limited

    Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Opera Limited

  • Business Wire

    Notice of Lead Plaintiff Deadline for Shareholders in the Opera Limited Class Action Lawsuit

    Robbins Geller Rudman & Dowd LLP announces that a class action lawsuit has been filed in the Southern District of New York on behalf of purchasers of Opera Limited (NASDAQ:OPRA) American Depositary Shares ("ADSs") between July 27, 2018 and January 15, 2020, including purchasers pursuant and/or traceable to the Company’s July 27, 2018 initial public offering (the "Class Period"). The case is captioned Brown v. Opera Limited, No. 20-cv-00674, and is assigned to Judge John G. Koeltl. The Opera class action lawsuit charges Opera and certain of its officers with violations of the Securities Act of 1933 and the Securities Exchange Act of 1934.

  • Business Wire

    Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Opera Limited

    Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Opera Limited

  • Business Wire

    The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Opera Limited (OPRA)

    The Law Offices of Frank R. Cruz reminds investors of the upcoming March 23, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Opera Limited ("Opera" or the "Company") (NASDAQ: OPRA) investors who purchased securities pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 (the "IPO" or "Offering") and/or between July 27, 2018 and January 16, 2020, inclusive (the "Class Period"), inclusive (the "Class Period").

  • Business Wire

    OPERA SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Opera Limited - OPRA

    Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 24, 2020 to file lead plaintiff applications in a securities class action lawsuit against Opera Limited (NasdaqGS: OPRA), if they purchased the Company’s securities between July 27, 2018 and January 15, 2020, both dates inclusive (the "Class Period") including American Depository Shares ("ADSs") issued in connection with its July 2018 Initial Public Offering. This action is pending in the United States District Court for the Southern District of New York.

  • Business Wire

    Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Opera Limited (OPRA)

    Securities Class Action Filed Against Opera Limited - Investors Encouraged to Contact Scott+Scott

  • Business Wire

    Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Opera Limited Investors

    Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Opera Limited Investors

  • Business Wire

    Shareholder Alert: Robbins LLP Announces Opera Limited (OPRA) Sued for Misleading Shareholders

    Shareholder rights law firm Robbins LLP announces that a purchaser of Opera Limited (NASDAQ: OPRA) has sued the Company for alleged violations of the Securities Act of 1933 pursuant to its August 2018 initial public offering ("IPO") and for violations of the Securities Exchange Act of 1934 between July 27, 2018 and January 15, 2020. Opera provides mobile and PC web browsers in Ireland, Russia, and internationally.

  • Business Wire

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Opera Limited Investors

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Opera Limited Investors

  • Business Wire

    EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Opera Limited – OPRA

    Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Opera Limited (NASDAQ: OPRA): (i) pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 (the "IPO" or "Offering"); and/or (ii) Opera securities between July 27, 2018 and January 15, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Opera investors under the federal securities laws.

  • Business Wire

    The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Opera Limited (OPRA)

    The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of investors who purchased Opera Limited ("Opera" or the "Company") (NASDAQ: OPRA) securities pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 (the "IPO" or "Offering") and/or between July 27, 2018 and January 16, 2020, inclusive (the "Class Period"). Portola investors have until March 23, 2020 to file a lead plaintiff motion.

  • Business Wire

    OPERA LIMITED ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against Opera Limited and Encourages Investors to Contact the Firm

    Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm, announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors that purchased Opera Limited (NASDAQ:OPRA) securities pursuant and/or traceable to the Company’s initial public offering commenced on or about July 27, 2018 (the "IPO" or "Offering") and/or between July 27, 2018 and January 15, 2020 (the "Class Period"). Investors have until March 23, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

  • Business Wire

    INVESTOR ALERT: Kirby McInerney LLP Announces That a Class Action Lawsuit Has Been Filed Against Opera Limited and Encourages Investors to Contact the Firm Before March 24

    The law firm of Kirby Mcinerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Opera Limited ("Opera" or the "Company") (NASDAQ: OPRA) securities during the period from July 27, 2018 through January 15, 2020 (the "Class Period") and/or pursuant to the Company’s July 27, 2018 Initial Public Offering ("IPO"). Investors have until March 24, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

  • Business Wire

    ROSEN, A LEADING LAW FIRM, Continues to Investigate Securities Claims Against Opera Limited – OPRA

    Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Opera Limited (NASDAQ: OPRA) resulting from allegations that Opera may have issued materially misleading business information to the investing public.

  • Business Wire

    The Law Offices of Frank R. Cruz Continues Its Investigation on Behalf of Opera Limited Investors (OPRA)

    The Law Offices of Frank R. Cruz continues its investigation on behalf of Opera Limited ("Opera" or the "Company") (NASDAQ: OPRA) investors concerning the Company and its officers’ possible violations of federal securities laws.

  • Google Ban Fails to Stamp Out Short-Term Payday Lending Apps
    Bloomberg

    Google Ban Fails to Stamp Out Short-Term Payday Lending Apps

    (Bloomberg) -- In August, Google announced a global crackdown on Android apps that offer short-term loans, saying it wanted to protect consumers from what it called “deceptive and exploitative” terms.But five months later, payday-style applications offering fast money for one or two weeks are still easy to find in many countries on Google Play, the company’s marketplace for Android apps. Some charge interest rates that can exceed 200% annualized.Lending apps are particularly popular in developing nations such as Nigeria, India and Kenya, where millions of people don’t have bank accounts or credit cards but do have mobile phones. The epicenter is Kenya, where an explosion in mobile lending and little government oversight has effectively made Google the arbiter of which apps customers can choose.Despite the ban on loans that have to be repaid in fewer than 61 days, many apps available through the Google Play store are offering shorter terms to Kenyans. Some lenders appear to be ignoring the rule, hoping Google, a division of Alphabet Inc., doesn’t notice. But there’s also confusion about whether the policy really prohibits short-term lending.Dan Jackson, a Google spokesman, declined to explain why short-term lending apps are still featured. “When violations are found, we take action,” he said in a statement. He wouldn’t say how many such actions have been taken.Customer ComplaintsBranch International Ltd., a San Francisco-based startup that’s a major Kenyan lender, said it was told it could comply by offering both a longer-term option and a shorter-term one for each loan. “The 62-day loan is just one option, and they can choose shorter loans if they want,” said Mojgan Khalili, a Branch spokeswoman. Another California-based lender with a large Kenyan business, Tala, has a similar policy that it says complies with Google’s rules.But Jackson insisted that the policy prohibits any apps offering short-term loans.Other financial technology companies appear to have dealt with the new policy by adding language to their Google Play descriptions stating that they offer loans two months or longer. But users often post complaints on the site saying they can’t borrow for nearly that long.Of the 10 most popular free Google Play apps in Kenya on Jan. 15, five were lending apps, according to a SimilarWeb ranking. All five claimed to offer loans of at least 61 days, and all of them fielded complaints from users about being offered much shorter terms.One customer of the top-ranked app, iPesa, complained in January that while the Google Play description promised loans of more than 60 days, he was offered a shorter term. “You can’t keep repayment period at 14 days,” the customer wrote. “Who are you guys kidding?”Nairobi-based iPesa didn’t respond to an email, a Facebook message or an inquiry through its customer-service phone line.OKash ReportAnother top-10 app, OKash, came under attack last week by investment firm Hindenburg Research. The firm issued a report asserting that the app and others made by Opera Ltd., the Norwegian developer of the Opera web browser, violate Google’s policy because they offer only short-term loans, despite claims that longer terms are available. The report also says that Opera’s apps charge rates that can exceed 300%.Opera is employing “deceptive ‘bait and switch’ tactics to lure in borrowers and charging egregious interest rates,” wrote Nate Anderson, Hindenburg’s founder, who said he is betting on Opera’s stock to fall.Oslo-based Opera, controlled by Chinese tech billionaire Zhou Yahui, said the report contained unspecified errors and that all of its apps comply with the policy because they offer repayment terms of more than 60 days.Google declined to comment on the Opera apps. At least one of them disappeared from Google Play after the Hindenburg report, but it has since been restored.Even on the Google Play site itself, lenders sometimes openly acknowledge offering only short-term loans. “You can select 1 up to 30 days,” wrote a representative of Nairobi-based Zenka Finance Ltd. in December to a customer who asked about repayment terms.Zenka, fifth in the SimilarWeb ranking, disappeared from Google Play last week but was later restored. Duncun Motanya, Zenka’s Kenya country manager, said via email that he didn’t know the reason and that Zenka complies with Google’s policy. “I suppose, with all the fuss around finance apps, Google scrutinize us more,” he wrote.Google PolicyGoogle unveiled its new policy in August and gave lenders one month to comply. In the U.S., it also set a maximum annual interest rate of 36%. The company imposed similar restrictions on web search results for lenders in 2016.“Our Google Play Developer Policies are designed to protect users and keep them safe,” said Jackson, the company spokesman.Google’s policy reflects the growing power of big technology companies to shape global commerce, Matt Flannery, Branch’s co-founder and chief executive officer, wrote in a blog post Wednesday. He called the company the “Central Bank of Google.”Countries have radically different lending markets, so a single global two-month rule doesn’t make sense, Flannery wrote. After Branch began offering the two-month option to comply with its understanding of Google’s policy, few Kenyans chose the longer repayment term, but in India, where Branch also operates, one-third of new customers did, he said.“Instead of iterating on a single global rule for the world’s lenders,” he wrote, Google “should just defer to the actual central banks.”Credit BoomKenya’s digital credit boom was made possible because a large share of the country’s population uses mobile-money accounts for daily payments and expenses. The most popular service, M-Pesa, was started more than a decade ago. That created an opening for online lenders pitching short-term loans that could be funded and repaid through phones.Over the past few years, dozens of loan apps have sprung up in the east African nation. They offer short-term loans of as little as a few dollars at high interest rates to everyone from office workers in Nairobi to village street vendors. Millions of Kenyans have borrowed.A September study by MicroSave Consulting said that 91% of loans in Kenya in 2018 were digital. The apps are controversial, criticized by politicians for taking advantage of poor people.“What the mobile lenders are doing is ripping off Kenyans,” Jude Njomo, a member of Kenya’s Parliament, said in an October interview. “Who could ever do business paying the high interest rates?”In Kenya and other nations where mobile lending is popular, many users have never borrowed from a bank before and have little experience with financial contracts. Google’s policy was aimed at pushing developers to longer-term loans, which are often easier for borrowers to manage.“People go for the loans out of desperation for money,” said Gilbert Kiprono, 28, who works for a mobile-phone company in Kitale, in western Kenya, and has borrowed from mobile lenders. “They are easily available but highly exploitative.”\--With assistance from David Herbling.To contact the reporters on this story: Zachary R. Mider in New York at zmider1@bloomberg.net;Zeke Faux in New York at zfaux@bloomberg.netTo contact the editors responsible for this story: Robert Friedman at rfriedman5@bloomberg.net, Joe SchneiderFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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