Opera's stock experienced a sharp pre-market decline of 6.11% on Monday, indicating significant selling pressure ahead of the regular trading session.
The drop coincides with data showing a notable increase in Opera's indicative borrow rate, which rose by 3.34 percentage points to 4.53%. A rising borrow rate typically reflects heightened short-selling activity or increased demand to borrow shares, often signaling bearish sentiment among traders and contributing to downward price pressure.
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