Скачать или смотреть Duolingo's Epic Comeback: From Stock Slump to Skyrocketing Profits!

🤖 Tech Stocks Daily - August 08, 2024 🤖

Duolingo saw its stock dip nearly 18% in July but rebounded in August with stellar Q2 2024 results, boasting over 100 million active users and 52% growth in paid subscribers. Revenue hit $178 million, and free cash flow surged to $55 million. They acquired animation studio Hobbes, enhancing user engagement. Although investors are mixed with 33% bullish and 50% bearish, Duolingo’s stock rose 10% after beating Wall Street’s expectations, predicting continued strong growth.

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