Opera browser raises $115 million in initial public offering

Opera browser raises $115 million in initial public offering

5 years ago
Anonymous $dicfOfy7s2

https://www.cnet.com/news/opera-browser-raises-115-million-in-initial-public-offering/

Opera, an underdog in a browser market dominated by Google's Chrome, raised $115 million in an initial public offering Friday.

The company sold 9.6 million American depositary shares at $12 each, the high end of the $10 to $12 range it expected for the IPO. When the stock started trading more broadly at 7:30 a.m. PT, it rose a further 28 percent to $15.34.

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