80% Crash After the Hype! Is E-Learning Stock Duolingo Facing a Comeback?

The stock of language learning specialist Duolingo (DUOL) experienced a drastic rollercoaster ride on the stock market. From an all-time high of over 540 USD, the stock plunged significantly to below 100 USD. The reason for this harsh correction was not the current business performance, but a cautious outlook. The management revised down the growth expectations for bookings for the full year to around 10.5%. To achieve the long-term vision of 100 million daily active users by 2028, Duolingo strategically reduced monopolization barriers in the free...