Why Duolingo Stock Just Crashed 14%
File this story under the rubric: Easy come, easy go.
Last week, shares of Duolingo (NASDAQ: DUOL), which offers a free-to-play language learning app, soared more than 13% over two sessions as investors reacted to a bullish note from Needham. Today, however, Duolingo shares gave back all of those gains, falling 14.3% through the closing bell.
And once again, it was an analyst note that sparked the move.
Source Fool.com
