What a brutal six months it’s been for Chegg. The stock has dropped 52.8% and now trades at $0.65, rattling many shareholders. This may have investors wondering how to approach the situation.
Let’s dive deep and closely compare the fundamentals of the two edtech stocks to determine which one is a better investment now. The sustained secular shift toward virtual and alternative education ...
No one should have to navigate university without a guide, and Chegg is here to help. Millions of students across the world learn with Chegg each year. Whether you’re at home, in class or studying at ...
The previous big move we wrote about was 2 days ago when the stock gained 6.2% on the news that its CEO and President, Daniel ...
Online study and academic help platform Chegg (NYSE:CHGG) will be reporting results this Monday after market close. Here’s what investors should know. Chegg beat analysts’ revenue expectations by 2% ...
Chegg's stock has plummeted over 80% due to AI competition, but its subscription revenue still generates positive EBITDA and free cash flow. Despite significant subscriber losses, Chegg's retention ...
Few industries are more badly in need of disruption than textbook publishing. Every semester, students fork over masses of cash for extremely expensive textbooks. Teachers choose the books, but ...
Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company's traffic and revenue. The ...
What Happened? Shares of online study and academic help platform Chegg (NYSE:CHGG) jumped 6.2% in the afternoon session after ...
Chegg is slashing about 45% of its workforce—388 roles—as the company says the “new realities of AI” and a sharp drop in Google-driven traffic have significantly reduced its student traffic and ...