I've been a long term $DUOL shareholder but downgraded it to a hold following the last 2 earnings reports due to weakening DAU growth and less MAU conversion to DAU. Despite how cheap it's gone, I'm not currently adding to the position because: 1. it already accounts for a larger portion of my portfolio for a fast grower. 2. I want to see evidence in the following earnings that their changes are helping conversions. 3. They are experimenting with its freemium model meaning bookings (subscriptions) are going to be depressed. At this point I'm happy watching and waiting despite being up 40% in the last three months with my current position. Despite being up to -66% in the hole when it bottomed under $100, I'm not chasing this one until I see the execution in the earnings. With that said, I also haven't sold a single share despite the volatility.
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Duolingo stock recovery, is it a buy? | Beginner Investors | Blossom Social
