Investigation Announcement by Pomerantz LLP
Pomerantz LLP has announced an investigation into potential securities violations involving Duolingo, Inc. (NASDAQ: DUOL) and its executives. The firm is representing investors who may have been affected by misleading disclosures. Interested parties are encouraged to reach out to Danielle Peyton at [email protected] or call 646-581-9980, ext. 7980.
Focus of the Probe
The probe focuses on whether Duolingo and its leadership engaged in securities fraud or other illegal practices. This investigation follows a recent report from JMP Securities, which cut its price target on Duolingo stock from $475 to $450, citing concerns over slowing user engagement. Data indicated that daily active users grew by approximately 39% year-over-year in Q2, down from 51% in Q1.
Market Impact and Company Background
As a result of this news, Duolingo's stock price dropped by $23.60, closing at $340.49 on July 28, 2025. Pomerantz LLP, with offices across major cities worldwide, specializes in corporate, securities, and antitrust class actions. With a legacy dating back over 85 years, the firm has a history of securing subst...