Duolingo (DUOL) Down 15% Year to Date: Should You Buy the Dip?

Image Source: Zacks Investment Research Duolingo, Inc. (DUOL) has been on a downward spiral lately with significant selling pressure. The stock has declined 15% year to date, a considerable drop compared to the 21.5% rally in the industry it belongs to and the 17.5% rise in the Zacks S&P 500 composite. One-Year Price Performance As of the last trading session, Duolingo's stock closed at $193.09, which is 23% below its 52-week high of $251.3. Additionally, it is trading below its 50-day moving average, sugge ...