US26603R1068 - Common Stock
DUOLINGO
NASDAQ:DUOL (12/20/2024, 8:06:07 PM)
After market: 342.123 0 (0%)342.12
+6.9 (+2.06%)
Duolingo, Inc. is a language-learning website and mobile application, which engages in the development of a free language learning website and crowd sourced text translation platform. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 720 full-time employees. The company went IPO on 2021-07-28. The firm is engaged in offering mobile learning platform, as well as a digital language proficiency assessment exam. The company operates a freemium business model namely the app and the Website are accessible free of charge, although Duolingo also offers premium services for a subscription fee. Its solutions consist of the Duolingo App, Super Duolingo, Duolingo Max, Duolingo English Test: AI-Driven Language Assessment, Duolingo for Schools, and Duolingo ABC. The Duolingo App offers courses in over 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese and Chinese. Duolingo can also be accessed by desktop computers via a web browser. Its subscription offering, Super Duolingo, offers learners additional features to enhance their learning experience. The company is also engaged in operating an animation and motion design studio.
DUOLINGO
5900 Penn Ave, Second Floor
Pittsburgh PENNSYLVANIA
P: 14123476116
CEO: Luis von Ahn
Employees: 720
Website: https://www.duolingo.com/
Duolingo stock scored a price-target hike from an analyst who is increasingly bullish on prospects for the company’s language learning app.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Duolingo (NASDAQ:DUOL) and the rest of the consumer subscription stocks fared in Q3.
Unlocking the high Growth Potential of DUOLINGO (NASDAQ:DUOL).
Duolingo has been on fire lately. In the past six months alone, the company’s stock price has rocketed 65.2%, reaching $350 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
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