Duolingo shares plunge 23% after weak 2026 bookings forecast

Duolingo forecast first-quarter and full-year bookings below analyst estimates as it shifts strategy toward faster user growth, a move it said will weigh on bookings growth and profitability this year. The company’s shares dropped more than 23% in after-hours trading following the outlook. The strategy pivot prioritizes expanding the user base over maximizing immediate monetization. […]