While earnings for many fell this quarter, Opera Software is one of the lucky few to register success. Its stocks rose by over 11% and exceeded the estimates put out for the quarter. Although the web browsers market share has taken a plunge to trail Chrome that now leads it with 0.8% marketshare. However Opera’ has seen a tremendous uptake of its mobile browser which has resulted in increased revenues as well. And naturally this increase in revenues has trickled down to the valuation of Opera stocks which registered an increase of 1.9 kroner to touch 18.5 kroner and look quiet bullish for the time being.
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