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Duolingo Shares Jump 7% As Mandarin Learners Surge 200%, Boosted By TikTok Rival RedNote’s Popularity
Duolingo shares rose nearly 7% Thursday after a significant surge in users signing up to learn Mandarin. The surge coincides with the growing popularity of Chinese social media app RedNote, a TikTok ...
The analyst consensus had called for earnings of approximately $0.58 per share on revenue near $241 million. Duolingo breezed past both targets with ease. Revenue rose 41% year over year to $252 ...
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