Duolingo Raises Full-Year Outlook; Shares Gain 11% After Hours
Duolingo raised its full-year outlook, and shares climbed 11% to $142 in after-hours trading. Shares were down 27% year to date through the close.
By Katherine HamiltonShares of Duolingo rose after the language-learning platform raised its outlook for the year.The stock climbed 11%, to $142, in after-hours trading Tuesday. Through the close, shares were down 27% this year.The company now expects full-year revenue to be $1.22 billion, up from…