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Duolingo IPO: DUOL stock pops more than 40% intraday in first session (update)

A Notebook with Business notes initial coin offering ICO vs IPO Initial Public Offering with office tools on yellow blue background. Concept of the choice of IPO or ICO
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  • Duolingo (NASDAQ:DUOL) shot up more than 40% Wednesday in its first session following an IPO that priced far above what the popular language-app firm expected. The strong IPO pricing and subsequent rally valued the company at nearly $5B.

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Duolingo, Inc.