Duolingo's 177th-Ranked $460M Volume Plummets 3.14% as Legal Probe and User Growth Concerns Weigh

On August 25, 2025, Duolingo (DUOL) saw a trading volume of $0.46 billion, ranking 177th in market activity. The stock closed down 3.14%, reflecting renewed investor caution amid recent developments.

The stock’s decline coincided with a securities fraud investigation launched by Pomerantz LLP, which is scrutinizing potential unlawful business practices by Duolingo and its executives. The firm urged investors to contact its legal team for updates. This legal scrutiny adds to existing pressures, as analysts have highlighted risks to the company’s growth trajectory.

Earlier in July, JMP Securities cut its price target for DUOL to $450 from $475, citing weaker user engagement metrics. Third-party data indicated that daily active user growth slowed to 39% year-over-year in Q2, down from 51% in Q1. The downgrade signaled concerns about the company’s ability to sustain momentum ahead of its quarterly earnings report, contributing to market volatility.

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