Duolingo stock plunges premarket after DUOL flags slower 2026 bookings growth
Duolingo shares dropped 24% in premarket trading after its 2026 bookings forecast missed Wall Street estimates. The company said it will focus on user growth over near-term monetization, which will slow bookings and profitability. Fourth-quarter revenue rose 35% to $282.9 million. Duolingo also authorized a $400 million share buyback.