1521 ET - Duolingo investors will continue to focus on the company's Max subscription adoption/rollout and margin implications when the company reports 4Q results in late February, UBS analysts say in a research note. The language-learning app's English learning opportunity will also be closely watched. Meanwhile, the analysts say they don't assume a potential TikTok ban in the U.S. will be a durable driver of Duolingo's Chinese language offerings assuming that U.S. TikTok users decide to migrate to Chinese owned and operated RedNote given how "notoriously difficult" it is to become conversational in Mandarin, the analysts say. Shares fall 1% to $325.12 and are up 68% in the past 12 months. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 27, 2025 15:21 ET (20:21 GMT)
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