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Why Opera Stock Plunged Today

TheMotleyFool

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Shares of Opera (NASDAQ: OPRA) were down 17.4% as of 3:30 p.m. EST on Thursday as the software company fell into the crosshairs of a noted short-seller.

In a new report published this morning, ominously named short-selling firm Hindenburg Research argued that Opera should be trading closer to $2.60 per share -- a 70% discount from Wednesday's close at around $9.

Image source: Getty Images.

Source Fool.com

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