Duolingo brings Terrible Towel to Times Square to celebrate company’s IPO

NEW YORK — Pittsburgh-based Duolingo, Inc brought the Terrible Towel to Times Square last week to celebrate the company’s initial public offering on Nasdaq last week.

The language learning app started trading on July 28, with pricing per share between $95 and $100, according to our news partners at the Pittsburgh Business Times.

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The company is selling 5,106,113 shares of Class A common stock. That includes 1,406,113 offered by some of its existing stockholders; Duolingo will not receive any proceeds from this, according to the Pittsburgh Business Times. 

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