Why Duolingo (DUOL) Stock Is Falling Today
Shares of language-learning app Duolingo (NASDAQ:DUOL) fell 6.9% in the morning session after JMP Securities lowered its price target on the stock, citing concerns about slowing user engagement ahead of the company’s second-quarter earnings report. The investment firm JMP Securities reduced its price target to $450 from $475, pointing to third-party data that indicated a…