Duolingo stock sinking on weak Q1 user growth

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 72 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Duolingo News

DUOL

Duolingo stock (DUOL) is falling off Thursday, down as high as 20% intraday, after the company reported a slowdown in user growth in its first-quarter...

) is falling off Thursday, down as high as 20% intraday, after the company reported a slowdown in user growth in its first-quarter results. Despite this setback, Duolingo surpassed earnings estimates and raised its revenue outlook for 2024.Trending takes for you now including shares of Duo Lingo those shares down 18% today.

Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager saysGiven their stable cash flows and high yields, investors can buy these three TSX stocks without thinking twice. The post 3 No-Brainer Stocks I’d Buy Right Now Without Hesitation appeared first on The Motley Fool Canada.The "Magnificent Seven" stocks are certainly impressive, but they're also pricey. Which is why this tech stock is a far better option.

TD Bank stock looks like a great bargain after its latest plunge over the ongoing U.S. probe. The post TD Bank Stock Falls 6% on Money-Laundering Investigation: Deal or Danger? appeared first on The Motley Fool Canada.Investing in solid growth stocks can make you rich over time, especially if you keep buying their shares at good valuations. The post Got $3,000? 2 Monster Growth Stocks to Buy Right Now Without Hesitation appeared first on The Motley Fool Canada.

CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.54 in the first quarter of 2023. On an adjusted basis, Suncor says its operating earnings of $1.82 billion in the first quarter of 2024 were comparable to $1.81 billion in the prior year's quarter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shopify stock tumbles 20% after forecasting slower Q2 sales growthThe e-commerce company says it expects sales in the second quarter to grow at a high-teens percentage year-over-year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tilray reports US$105-million loss, cuts earnings forecastShares of Tilray plunged more than 20 per cent on the Toronto Stock Exchange on Tuesday
Source: globebusiness - 🏆 31. / 66 Read more »