DUOL is trading at $166.92 (+3.2%), rebounding after a prior significant drop fueled by the announcement of a CFO transition and CEO signals prioritizing product investment over near-term profits.
- The stock is recovering from yesterday's -8.45% decline to $161.74.
- Preliminary Q4 results showed solid 30% Daily Active User (DAU) growth, despite the strategic shift away from near-term profit focus.
- Wells Fargo cut its price target to $160, citing softer DAU expectations as a key factor in the recent selloff.