Opera Surges 19% in a Month: Should You Buy the Stock?

Opera Limited (OPRA) shares have increased 19% in the past month against the Zacks Computer & Technology sector's drop of 0.3% and the Zacks Internet - Content sector's rise of 1.9%. OPRA's robust stock price performance has been driven by its impressive second-quarter 2024 results. Revenues reached $110 million, up 17% year over year. The upside can be attributed to continued momentum in user adoption and broader monetization efforts, particularly in advertising and search revenues. Advertising revenue gre ...