Duolingo Stock Fell 30% After Earnings. Here's What Investors Should Know.

Duolingo (NASDAQ: DUOL) stock is getting crushed in Thursday's trading. The education services company's share price was down 26% in the daily session as of 1:45 p.m. ET against the backdrop of a 1% decline for the S&P 500 index and a 1.6% fall for the Nasdaq Composite. The stock had been down as much as 30% earlier in the session.In addition to broadly bearish momentum for the market, Duolingo is seeing a big valuation pullback following the publication of the company's third-quarter results. While Q3 performance came in above Wall Street's expectations, the company's forward guidance and outlining of a strategic shift is spurring a big contraction for the company's stock price today.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool