Published on 19 Apr 2024 on Zacks via Yahoo Finance
Duolingo (DUOL) Surges 5.3%: Is This an Indication of Further Gains?
Duolingo, Inc. (DUOL) shares soared 5.3% in the last trading session to close at $205.06. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.8% loss over the past four weeks.
The stock recorded the price increase on an announcement made by the S&P Dow Jones Indices stating that the company would replace Cable One Inc. in the S&P MidCap 400 index before trading starts on Apr 22, 2024.