Securities Investigation: Levi & Korsinsky Investigates Duolingo, Inc. (DUOL) on Behalf of Investors
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Levi & Korsinsky has initiated an investigation into Duolingo, Inc. for potential violations of federal securities laws. This follows JMP Securities' reduction of Duolingo's stock price target from $475 to $450 due to concerns over declining user engagement, with daily active user growth dropping from 51% to 39% year-over-year in Q2. Consequently, Duolingo's stock fell over 6% on the announcement day. Levi & Korsinsky is a prominent securities litigation firm with a strong track record in representing investors.
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