Language learning app Duolingo prices IPO at $102 per share

  • 7/27/2021
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July 27 (Reuters) - Language learning app Duolingo said on Tuesday it priced its initial public offering of Class A common stock at $102 per share. The company said it is offering 3.7 million shares of Class A common stock while stockholders are offering 1.4 million shares of Class A common stock. (refini.tv/3747rzb) On Monday, the company raised the price target range for its IPO to between $95 and $100 per share from the previously set range of $85 to $95 per share. Reporting by Aakriti Bhalla in Bengaluru; Editing by Subhranshu Sahu Our Standards: The Thomson Reuters Trust Principles.

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