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Duolingo shares drop 22% as firm slows growth to invest in AI, prompting investor legal probe

Market News
15 Apr 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Duolingo's stock fell 22% after the company announced it would slow earnings growth and reduce profit margins to invest more in artificial intelligence and boost user growth. The company aims to double daily active users to 100 million by 2028 but expects slower bookings and lower profitability this year. Faruqi & Faruqi, LLP is investigating potential legal claims for investors who suffered losses due to this announcement. Investors affected are encouraged to contact the law firm to discuss their rights.

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