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Opera Drops After Cutting Forecast, Starting Strategy Review

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Opera Software ASA fell to the lowest level in five months after the Norwegian maker of Internet browsers cut its 2015 sales forecast and said it received “strategic interest” from a number of parties.

Opera slumped as much as 13 percent, the most since Feb. 11, and was down 10 percent at 54.8 kroner as of 10:58 a.m. in Oslo. About 2.7 million shares have traded so far, almost four times the three-month average daily volume.