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Language learning app Duolingo prices IPO at US$102 per share

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Published Wed, Jul 28, 2021 · 12:44 AM

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    [BENGALURU] Language learning app Duolingo said on Tuesday it priced its initial public offering of Class A common stock at US$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.

    On Monday, the company raised the price target range for its IPO to between US$95 and US$100 per share from the previously set range of US$85 to US$95 per share.

    REUTERS

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