The tweet was deleted by the author.
But we saved everything 🙂.
Duolingo has seen its share price fall to $95.35, marking an 82 percent drop from its all-time highs. Chris Perruna raises the question of whether the company is fundamentally broken or experiencing a significant reset after the market downturn.
Perruna notes that while Duolingo appears to have a solid product and growth trajectory, the ability to expand its business beyond language services remains uncertain.
Perruna has previously advised that investors should add to rising stock positions and avoid averaging down on losing trades, as outlined in his stock averaging strategy. He has also noted recent weakness in equity markets, with the Nasdaq closing under its 200-day average and multiple distribution weeks in 2026. The recent Duolingo decline comes amid these cautious observations.