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0 5.385029617658E-05 0.00161550888529878 0.00145395799676888 0.00258481421647814 0.0029617662897145 0.00430802369413023 0.00565428109854595
Stock impact report

Why Duolingo (DUOL) Stock Is Down Today [Yahoo! Finance]

Duolingo, Inc. - Class A (DUOL) 
Company Research Source: Yahoo! Finance
The decline happened without any major company-specific news releases or other clear fundamental drivers. Instead, the move appeared to be driven by market mechanics. At the time, technical analysis indicators were largely signaling a bearish outlook, with significantly more signals pointing downwards than upwards. This kind of setup often encourages selling when there is no positive news to support the stock's price. The shares closed the day at $185.83, down 5.3% from previous close. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Duolingo? Access our full analysis report here Duolingo's shares are extremely volatile and have had 43 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago Show less Read more
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