Is Duolingo Stock a Buy?
Shares of online education giant Duolingo (NASDAQ: DUOL) delivered incredible gains to investors over the past year. Last August, the stock was at a 52-week low of $121.89. Since then, shares hit a 52-week high of $251.30 in May but have dropped along with the broader stock market's recent sell-off.
Now, the share price is climbing once more thanks to a stellar second-quarter earnings report. The firm's Q2 revenue rose an impressive 41% year over year to $178.3 million, and that's just the start of its many successes in the quarter.
With the share price on the rise, it begs the question: Is Duolingo stock a worthwhile investment for the long haul, and if so, is now the time to buy? Here's a look at the education company to arrive at an answer.
Source Fool.com
