Duolingo Shares Plunge 23% Despite Beating Q4 Earnings on Disappointing Forecast
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Duolingo's shares have dropped significantly, despite the company beating its fourth-quarter earnings. The decline is attributed to a disappointing forecast, with some outlets reporting that the CEO has flagged slower growth. The stock's sharp decline has prompted a strong reaction, with at least one group calling the selloff unjustified.