Duolingo stock skyrockets 14% on boosted guidance as AI powers user growth
A Duolingo logo is seen on a smartphone. Duolingo shares skyrocketed nearly 14% after the language-learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion. "We exceeded our own high expectations for bookings an