Language learning app Duolingo prices IPO at $102 per share

Reuters2021-07-28

July 27 (Reuters) - Language learning app Duolingo said on Tuesday it priced its initial public offering of Class A common stock at $102 per share.

The company said it is offering 3.7 million shares of Class A common stock while stockholders are offering 1.4 million shares of Class A common stock. ()

On Monday, the company raised the price target range for its IPO to between $95 and $100 per share from the previously set range of $85 to $95 per share.

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Comments

  • SSVC
    2021-07-28
    SSVC
    Tell me your opinion about this news...
  • tx03
    2021-07-28
    tx03
    Ok 
  • soybeans
    2021-07-28
    soybeans
    Feels expensive.
  • alexchuahg
    2021-07-28
    alexchuahg
    Not sure how the IPO offer price is calculated. .
  • alexchuahg
    2021-07-28
    alexchuahg
    Does education share really worth so much?
  • henghm
    2021-07-28
    henghm
    Like and comment
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