The language-learning app is moving into a prominent index.Shares of language-learning app Duolingo (DUOL 6.97%) popped on Thursday after the stock was added to the S&P MidCap 400 index. As of 10 a.m. ET, Duolingo stock was up 6% but it had been up as much as 12% in earlier trading.Should investors actually care about this?Investors should concern themselves with news regarding Duolingo's business. By contrast, this news has more to do with the stock. Duolingo stock will officially be a member of the S&P Mi ...

Duolingo Inc (NASDAQ:DUOL) stock is surging today, after news that the mobile learning platform will join the S&P MidCap 400 Index, effective April 22. At last glance, DUOL was up 7.2% at $208.64, earlier as high as $217.79. The 20-day moving average seems to be keeping today's gains in check, though the stock is above a host of long-term moving averages, including the 120-day trendline. Today's bounce could've already been in the cards, per Duolingo stock's 14-day relative strength index (RSI) of 26, which ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

The most recent trading session ended with Duolingo, Inc. (DUOL) standing at $194.66, reflecting a -1.77% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.58%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 1.15%.Shares of the company have depreciated by 12.77% over the course of the past month, underperforming the Business Services sector's loss of 4.36% and the S&P 500's loss of 1.09%.Analysts and investors alike will be keeping a close ...

Duolingo, Inc. (DUOL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -3.4% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Technology Services industry, to which Duolingo belongs, has lost 1.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors ...

PITTSBURGH, April 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (Nasdaq: DUOL), the world's leading mobile learning platform, will announce its results for the first quarter ending March 31, 2024, following the close of the U.S. market on Wednesday, May 8, 2024. The Company will host a video webcast at 5:30 p.m. ET on that day. The live video webcast will be accessible to the public through Duolingo’s Investor Relations website at https://investors.duolingo.com. A replay of the event will be available two hou ...

Duolingo, Inc. (DUOL) has had an impressive run in the past year. The company’s shares have gained 57.5%, significantly outperforming the 25% growth of the Zacks S&P 500 Composite.Let’s take a look at some other factors that make the stock an attractive pick.Solid Rank: Duolingo currently sports a Zacks Rank #1 (Strong Buy). Our research shows that stocks with a Zacks Rank #1 or 2 (Buy) offer attractive investment opportunities for investors. Thus, the company appears to be a compelling investment proposit ...

Artur Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed Duolingo's (NASDAQ:DUOL) growth momentum would continue for the foreseeable future with an inflection towards positive GAAP EBIT in FY24. I am reiterating my buy rating as DUOL continues to sustain its 40+% growth rate just as it did over the past 10 quarters, a strong sign that demand remains strong. I would expect growth to continue at this strong pace as DUOL rolls out more GenAI features. In pa ...

stockcam Introduction & Investment Thesis I initiated a “Sell” rating on Duolingo (NASDAQ:DUOL) on January 30th. My “sell” thesis was predicated on my belief that the stock was fully priced for future growth prospects. While the stock price initially declined approximately 10% after my “sell” thesis, it found support at the $170 price level, and since then, it is up close to 18%. One of the main reasons behind the stock’s outperformance has been the company’s Q4 earnings report, which was released by th ...

The S&P 500 is a weighted fund that holds 500 profitable corporations. Firms with the largest market caps have the largest concentrations within the fund. While many investors define this index as the broader market, it’s possible to outperform this popular benchmark.If you want to outperform the S&P 500, you first have to know its historical performance. The index is up by 31% over the past year and 86% over the past five years. While those numbers slightly fluctuate each day, they are your targets if you ...