Duolingo, Inc.
DUOL · Technology
$158.77
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Stock Market Midday, Sept. 1: Stocks Slide on Global Bond Sell-Off
U.S. stock markets declined midday on September 1, 2026, as a global bond sell-off pressured equities amid geopolitical tensions, rising oil prices, and inflation concerns. The S&P 500 fell 0.42%, the Nasdaq Composite dropped 0.69%, and the Dow Jones declined 0.42%. Rising Treasury yields and the prospect of a Federal Reserve rate hike weighed on investor sentiment, particularly impacting technology stocks. Communication and consumer defensive stocks led gains, while Apple rose on CEO succession news.
Why Duolingo Stock Popped Today
Duolingo stock rose 7.28% following a DA Davidson analyst upgrade from neutral to buy with a price target increase from $130 to $160. Analyst Wyatt Swanson believes monetization risks are already priced in and that the company is nearing an inflection point where bookings growth will accelerate alongside its strong user growth of 23% year-over-year to 58.7 million daily active users.
Duolingo Appoints Sallie Krawcheck to Board of Directors
Duolingo announced the appointment of Sallie Krawcheck, a veteran financial executive with extensive experience at Citigroup, Merrill Lynch, and founder of Ellevest, as an independent board member effective August 10, 2026. Krawcheck will serve on the Audit, Risk and Compliance Committee, bringing expertise in financial leadership, strategy, and scaling global organizations to support Duolingo's continued growth.