Investment management firm Baillie Gifford boosted its stake in Duolingo Inc. by 28.60%, acquiring an additional 628,943 shares. This transaction, which took place on September 30, 2025, at a price of $321.84 per share, brings Baillie Gifford's total holdings to 2,827,834 shares. This move is seen as a strategic investment, reflecting a strong belief in the language-learning company's long-term growth prospects, especially following a recent dip in the stock's price. The increased investment gives Baillie Gifford a 7.10% holding in the company and represents 0.68% of the firm's total portfolio. The news comes after Duolingo's stock experienced significant volatility following its third-quarter earnings report. This substantial purchase by a major investor indicates confidence in Duolingo's fundamentals and future potential despite recent market turbulence.