Duolingo (DUOL) Stock Tumbles 20% After Q4 Bookings Forecast Disappoints

TLDR Duolingo shares plummeted 20% after Q4 bookings guidance of $329.5-$335.5 million missed analyst expectations of $343.6 million Company shifting strategy to prioritize teaching quality and user growth over short-term monetization efforts Q3 revenue exceeded estimates at $271.7 million with paid subscribers jumping 34% to 11.5 million users Full-year revenue forecast increased to $1.028-$1.032 billion [...]

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