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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.