Opera Limited shares are trading lower after the company announced the pricing of a secondary public offering.
Portfolio Pulse from Benzinga Newsdesk
Opera Limited has announced the pricing of a secondary public offering, leading to a decrease in its share price.
September 29, 2023 | 3:10 pm
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NEGATIVE IMPACT
Opera Limited's share price has fallen following the announcement of the pricing of a secondary public offering.
Secondary public offerings often lead to a decrease in share price as they dilute the value of existing shares. Opera Limited's announcement of the pricing of such an offering has led to a decrease in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100