5 Investors Betting Big on Duolingo (DUOL) Stock

Duolingo (NASDAQ:DUOL) stock is surging higher by around 20% after the language learning company reported a double beat in its fourth-quarter earnings. During the quarter, revenue tallied in at $151 million, up by 45% year-over-year (YOY) and beating the analyst estimate for $148.3 million. EPS was 26 cents compared to a loss of 35 cents a year ago and beating the analyst estimate for 4 cents.“We accelerated DAU growth in each quarter of 2023, and in Q4 achieved record-high user engagement and a record numb ...