OPRA Stock Plummets 15% in 3 Months: Should You Stay Away Now?

Opera Limited’s (OPRA) shares have lost 15.3% in the past 3 months, underperforming the Zacks Computer and Technology sector’s decline of 6% and the Internet–Content industry’s rise of 0.8%.OPRA is facing challenges due to mounting cost pressures, with first-quarter operating expenses jumping 47% year over year. A steep 49% decline in the operating cash flow on a year-over-year basis raises concerns regarding near-term liquidity and capital efficiency.Opera has underperformed its peers, such as Perion Netwo ...