Opinions
Jim Cramer - Mad Money
Duolingo
DUOL-Q
DON'T BUY
Apr 19, 2023
$140.255
Stock price when the opinion was issued
Technology
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
It went public in July. Their language-learning app has been downloaded more than half-million times with 42 million monthly active users. But the stock has been a rollercoaster. Earlier this week, they reported another strong quarter: almost 60% bookings growth and they nearly broke even on an adjusted EBITDA basis. But the stock rebounded only 2% yesterday. Could be a buying opportunity.
Technology
Up 39% since 2021 IPO. Did poorly last year, but strong this. It won't be profitable until 2025.