Duolingo (DUOL) Plunges After Soft Q4 Bookings Outlook Despite Q3 Beat; Daily Users Top 50 Million — What to Know Today (Nov. 6, 2025)
Duolingo shares sank ~20% in after-hours trading Wednesday and extended losses into Thursday’s premarket, where they were seen down roughly 22%–26% as traders digested the softer Q4 bookings outlook despite strong Q3 results. Premarket indications on MarketWatch showed DUOL near $202 shortly before the bell, and other trackers cited lows around $194. Reuters+2MarketWatch+2 The numbers driving today’s move Why it matters: Bookings are a forward‑looking demand signal for subscription businesses. The gap versus Street expectations overshadowed otherwise strong top‑line growth and expanding profitability, prompting a sharp reset in near‑term expectations. Strategy & product color Management highlighted continued conversion from free