Opera Rises as Skyfire Deal Signals Strategy Success: Oslo Mover
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Opera Software ASA, the Norwegian maker of Internet browsers, rose the most in almost seven months as a deal to supply its Skyfire software to an unidentified mobile operator signals that its strategy is working.
Shares in the Oslo-based company rose as much as 6.4 percent, the biggest intraday increase since Nov. 20, and were up 4.3 percent at 43.9 kroner as of 3:13 p.m. in the Norwegian capital. About 437,000 shares have traded so far today, more than 60 percent above the three-month daily average.