https://techcrunch.com/2021/07/28/duolingos-ipo-pricing-is-great-news-for-edtech-startups/

While the Chinese technology market digests a new regulatory landscape impacting the country’s edtech market in a sharply negative manner, U.S. education technology companies have something to cheer about: Duolingo’s IPO priced very well.

The language-learning unicorn initially targeted an $85 to $95 per-share IPO price range. That interval was later raised to $95 to $100 per share. And then, last night, Duolingo priced at $102 per share, just over its raised range.