Onetime Rival to Internet Explorer, Opera Is Listing Again
- Browser now competes with Google’s Chrome, Apple’s Safari
- Company expected to debut on Nasdaq Global Select Market
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Web browser Opera Ltd. which dates back to the mid-1990s, when PCs ran Windows 95, and Steve Jobs led Next Computer Inc., has returned to the public markets.
Opera debuted on the Nasdaq Global Select Market Friday after selling as much as $115 million in stock. Shares climbed as much as 30 percent in the first hours of trading in New York, hitting $15.62. The IPO price of $12 was already at the top of the marketed range. They recently traded at $13.16, valuing the company at about $1.4 billion.