Duolingo's stock increased 13% in a year, remaining 70% above IPO price, despite underperforming S&P 500.

Duolingo's stock advanced 13% in the past year, remaining 70% above its IPO price, despite underperforming the S&P 500. With a strong foundation in its language learning app, Duolingo has expanded into online courses for over 40 languages, a stand-alone English proficiency test, and new apps for learning phonics. As investors reevaluate the company, Duolingo's stock may have potential to outperform the S&P 500 in the next 12 months.

May 26, 2024
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