NEW YORK, April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector April 22, 2024 S&P MidCap 400 Addition Duolingo DUOL Consumer Discretionary S&P MidCap 400 Deletion Cable One CABO Commu

PITTSBURGH, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Duolingo (NASDAQ:DUOL), makers of the world's leading mobile language learning platform, recently appointed Dr. Kendra Ross to a newly created role as Head of Social Impact. This role will be located in the company's Pittsburgh headquarters, and is Duolingo's first full-time position dedicated to social impact. The initial goal of the social impact function at Duolingo is to channel the company's people and resources towards making a positive impact in the local community. "Pittsburgh has been a key part of Duolingo's success, and we want that to translate back into success for our local community," said Luis von Ahn, co-founder and CEO of Duo

Seaport Research Partners downgraded Duolingo from Buy to Neutral

JMP Securities downgraded Duolingo from Mkt Outperform to Mkt Perform

Needham reiterated coverage of Duolingo with a rating of Buy and set a new price target of $310.00 from $245.00 previously

BofA Securities upgraded Duolingo from Neutral to Buy and set a new price target of $245.00

Wolfe Research initiated coverage of Duolingo with a rating of Peer Perform

JMP Securities upgraded Duolingo from Mkt Perform to Mkt Outperform and set a new price target of $260.00

JP Morgan initiated coverage of Duolingo with a rating of Overweight and set a new price target of $270.00

Seaport Research Partners initiated coverage of Duolingo with a rating of Buy and set a new price target of $222.00

Goldman downgraded Duolingo from Neutral to Sell and set a new price target of $160.00

BofA Securities resumed coverage of Duolingo with a rating of Neutral and set a new price target of $188.00

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PITTSBURGH, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, will announce its results for the third quarter ending September 30, 2024, following the close of the U.S. market on Wednesday, November 6, 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 hours after the live event and archived for one year. About DuolingoDuolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's m

PITTSBURGH, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Duolingo (NASDAQ:DUOL), the world's leading mobile learning platform, today announces significant product innovations at its annual conference, Duocon 2024. These new features—Video Call and Adventures—demonstrate Duolingo's commitment to leveraging cutting-edge AI to enhance the learning experience for millions of users worldwide. The company also emphasizes its investment in music education by announcing its partnership with Loog, leading musical instruments brand for beginners, and hosts a wide-ranging conversation with Grammy winner Jon Batiste. "Our mission is to develop the best education in the world and make it universally availab

PITTSBURGH, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Duolingo, the world's leading mobile learning platform, today announced a partnership with Sony Music that brings popular songs to its Music course. This new feature is designed to make learning music more fun and engaging by incorporating well-known songs into the curriculum. More than 60 recordings from Sony Music artists, like Dove Cameron, Hozier, Meghan Trainor, Whitney Houston, and more, are now available so learners can study the foundations of music and practice their music theory skills, such as reading music, understanding note lengths, and differentiating notes by sound, sight, and key on a digital mobile piano. "At Duolingo, we're

PITTSBURGH, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced results for the second quarter ended June 30, 2024 in a shareholder letter that is posted at investors.duolingo.com. "We achieved significant milestones in the second quarter, surpassing 100 million MAUs and reporting 8 million subscribers," said Luis von Ahn, Co-Founder and CEO of Duolingo. "Our user growth accelerated, and we saw record levels of engagement. Over 20% of our DAUs now have streaks longer than a year. We have also made steady progress on our strategic priorities — driving increased family plan penetration and the broader roll out of Duoli

PITTSBURGH, July 10, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, will announce its results for the second quarter ending June 30, 2024, following the close of the U.S. market on Wednesday, August 7, 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 hours after the live event and archived for one year. About DuolingoDuolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most po

PITTSBURGH, July 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced today that it has completed the acquisition of Hobbes, an animation and motion design studio based in Detroit. This is Duolingo's second acquisition, following the successful 2022 acquisition of Gunner, another Detroit-based design and animation studio that is affiliated with Hobbes. Duolingo uses animation and motion design to amplify game mechanics and make its products more fun and engaging. This acquisition marks the inception of a dedicated motion design team within Duolingo's Design department. "Design is a critical part of Duolingo's success, particula

PITTSBURGH, June 26, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced today that it has appointed Mario Schlosser as an independent board member. Mr. Schlosser is a seasoned technology executive and entrepreneur with a background in consumer technology. He is the co-founder of Oscar Health, a healthcare technology company, where he currently serves as Chief Technology Officer leading product and engineering. From 2012-2023, Mario served as CEO of Oscar and led the company from its inception to serving over one million members. Prior to Oscar, he co-founded Latin America's largest social gaming company and worked at Bridgewater

PITTSBURGH, May 08, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced results for the first quarter ended March 31, 2024 in a shareholder letter that is posted at investors.duolingo.com. "We are pleased to report another quarter of stellar performance, with strong bookings and revenue growth, alongside record profitability," said Luis von Ahn, Co-Founder and CEO of Duolingo. "Our 54% year-over-year growth in daily active users was driven by a record number of net daily user additions. Our DAU-to-MAU ratio, a measure of user engagement, reached a record high thanks to the thousands of product improvements that have compounded o

NEW YORK, April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector April 22, 2024 S&P MidCap 400 Addition Duolingo DUOL Consumer Discretionary S&P MidCap 400 Deletion Cable One CABO Commu

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 hours after the live event and archived for one year. About DuolingoDuolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popu

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PITTSBURGH, July 09, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced today that it has completed the acquisition of Hobbes, an animation and motion design studio based in Detroit. This is Duolingo's second acquisition, following the successful 2022 acquisition of Gunner, another Detroit-based design and animation studio that is affiliated with Hobbes. Duolingo uses animation and motion design to amplify game mechanics and make its products more fun and engaging. This acquisition marks the inception of a dedicated motion design team within Duolingo's Design department. "Design is a critical part of Duolingo's success, particula

PITTSBURGH, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced today that it has completed the acquisition of Gunner, a design and animation studio based in Detroit. Duolingo uses animation in its learning apps to drive engagement, keep learners motivated, and build its globally recognized brand. "We know that the hardest thing about learning a language, or any new subject, is staying motivated and that's why we make Duolingo fun," said Luis von Ahn, Co-founder and CEO of Duolingo. "Art and animation are foundational to the Duolingo brand, and we use them to help make Duolingo a beloved daily habit in millions of learner

PITTSBURGH, May 12, 2022 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced results for the first quarter ended March 31, 2022 in a shareholder letter that is posted at https://investors.duolingo.com. "All elements of our business performed well this quarter and we saw accelerating user growth, record quarterly bookings, and strong margins," said Luis von Ahn, Co-Founder and CEO of Duolingo. "We believe these results come from the investments we've made in R&D to drive innovation and continuously make our products more effective, more fun, more engaging, and more social. Thanks to our strong results this quarter, we are increasing our

PITTSBURGH, April 14, 2022 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, will announce its results for the first quarter ending March 31, 2022, following the close of the U.S. market on Thursday, May 12, 2022. The Company will host a corresponding conference call and webcast at 5:30 p.m. Eastern time on that day. A live webcast of the earnings call will be accessible to the public at https://investors.duolingo.com. A webcast replay will be available after the live event. About DuolingoDuolingo is the leading mobile learning platform globally, offering courses in more than 40 languages to over 40 million monthly active users. With over 500

PITTSBURGH, March 03, 2022 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile learning platform, announced results for the fourth quarter and full year ended December 31, 2021 in a shareholder letter that is posted at https://investors.duolingo.com. "In the fourth quarter, our user growth accelerated and we added more net subscribers than ever before, capping off a year in which our revenue grew by 55%," said Luis von Ahn, Co-Founder and CEO of Duolingo. "I credit this growth and our record-breaking metrics to our focus on making learning fun and effective, and to our new product initiatives that made Duolingo Plus more valuable." "Looking ahead to 2022, we

PITTSBURGH, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile language learning platform, will announce its results for the fourth quarter and full year ending December 31, 2021, following the close of the U.S. market on Thursday, March 3, 2022. The Company will host a corresponding conference call and webcast at 5:30 p.m. Eastern time on that day. A live webcast of the earnings call will be accessible to the public at https://investors.duolingo.com. A webcast replay will be available after the live event. About DuolingoDuolingo is the leading mobile learning platform globally, offering courses in 40 languages to approximately 40 million month

PITTSBURGH, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile language learning platform, will announce its results for the third quarter ending September 30, 2021 following the close of the U.S. market on Wednesday, November 10, 2021. The Company will host a corresponding conference call and webcast at 5:30 p.m. Eastern time on that day. A live webcast of the earnings call will be accessible to the public at https://investors.duolingo.com. A webcast replay will be available after the live event. About DuolingoDuolingo is the leading mobile learning platform globally, offering courses in 40 languages to approximately 40 million monthly active user

PITTSBURGH, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ:DUOL), the world's leading mobile language platform, today announced financial results for the quarter ended June 30, 2021. "Our recent IPO was a significant milestone in our journey to develop the best education in the world and make it universally available," said Luis von Ahn, Co-Founder and CEO of Duolingo. "This mission has not changed since we launched Duolingo nearly ten years ago and we have kept our focus on reaching new users, increasing engagement and growing subscribers. We were pleased to see that our monthly and daily active users in Q2 were comparable to last year, despite comparing against an extraordinar

Wolfe Research analyst Shweta Khajuria initiates coverage on Duolingo (NASDAQ:DUOL) with a Peer Perform rating.

JMP Securities analyst Andrew Boone reiterates Duolingo (NASDAQ:DUOL) with a Market Outperform and maintains $260 price target.

Duolingo's (NYSE:DUOL) short percent of float has risen 4.2% since its last report. The company recently reported that it has 2.82 million shares sold short, which is 7.69% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.9 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is impo

This is Duolingo's second acquisition, following the successful 2022 acquisition of Gunner, another Detroit-based design and animation studio that is affiliated with Hobbes. Duolingo uses animation and motion design to amplify game mechanics and make its products more fun and engaging. This acquisition marks the inception of a dedicated motion design team within Duolingo's Design department.

DA Davidson analyst Wyatt Swanson initiates coverage on Duolingo (NASDAQ:DUOL) with a Buy rating and announces Price Target of $250.

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Duolingo's (NYSE:DUOL) short percent of float has fallen 13.01% since its last report. The company recently reported that it has 2.67 million shares sold short, which is 7.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.07 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is

JMP Securities analyst Andrew Boone upgraded Duolingo, Inc. (NASDAQ:DUOL) from Market Perform to Market Outperform, with a price forecast of $260. Specifically, the analyst highlighted that a broader rollout of Max, optimization of subscription tiers and Family Plan, and the launch of a conversational experience are material catalysts that can continue to drive growth. After rolling out Max to 5%-10% of DAU in April, Duolingo plans to expand Max to more users in the coming months, Boone notes.  Additionally, Duolingo now has a dedicated team focused on improving Family Plan, which can be a meaningful driver of retention. According to the analyst, with shares down ~21% year to dat

U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Tuesday. Shares of NVIDIA Corporation (NASDAQ:NVDA) rose during Tuesday's session on reports Elon Musk’s xAI plans to build a supercomputer that will power its Grok AI chatbot. The company, last week, reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter. NVIDIA shares gained 4.4% to $1,110.87 on Tuesday. Here are some other big stocks recording gains in today's session. Insmed Incorporated (NASDAQ:INSM) shares climbed 110% to $46.20 after the company announced topline results from ASPEN Phase 3 study met its primary endpoint. C