Should You Buy Duolingo Stock After Its 14% Dip in February?
Duolingo (NASDAQ: DUOL) operates the world's largest digital language education platform with interactive, gamified lessons offered to almost anybody with a smartphone. The company is leaning heavily on artificial intelligence (AI) to elevate the user experience even further, and it's having an incredible amount of success.With that said, after recently setting a new record high, Duolingo stock is coming off a rough month in February with a decline of 14%. The sell-off in the broader stock market was one contributing factor, but the company also reported its financial results for 2024 on Feb. 27, and while they were strong, its guidance for 2025 points to slowing revenue growth.Should investors treat the recent dip as a buying opportunity?Continue reading
Duolingo (NASDAQ: DUOL) operates the world's largest digital language education platform with interactive, gamified lessons offered to almost anybody with a smartphone. The company is leaning heavily on artificial intelligence (AI) to elevate the user experience even further, and it's having an incredible amount of success.
With that said, after recently setting a new record high, Duolingo stock is coming off a rough month in February with a decline of 14%. The sell-off in the broader stock market was one contributing factor, but the company also reported its financial results for 2024 on Feb. 27, and while they were strong, its guidance for 2025 points to slowing revenue growth.
Should investors treat the recent dip as a buying opportunity?
