Chegg Stock News

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced today that Sarah Bond and Dr. Paul LeBlanc are departing its board of directors. "On behalf of the entire board, I want to express our deepest gratitude to Sarah and Paul for their service and unwavering dedication over the years,” said Dan Rosensweig, Executive Chairman and Co-Chairperson o...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on September 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. Four newly hired employees received, in the aggregate, awards of restricted stock units (“RSUs”) representing 124,129 shares of Chegg com...

Chegg is focusing on AI tools and partnerships to accelerate net sales growth. The company offers diversified services in multiple languages and jurisdictions, aiming to meet the needs of new clients more easily. Recent restructuring efforts, investments in R&D, and a reduction in the number of shares may enhance future financial performance, making CHGG undervalued.

2Q24 earnings saw disappointing revenue decline and poor profit metrics. Improvements in retention rates and AI features not translating to subscriber growth. International expansion efforts may not be effective, leading to skepticism about future subscriber growth.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), a leading student-first connected learning platform, today announced that on August 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. Eleven newly hired employees received, in the aggregate, awards of restricted stock units (“RSUs”) representing 72,435 shares of Chegg commo...

Chegg continues struggling to transition post-COVID, with the stock plummeting despite solid cash flow potential. The ed-tech company beat Q2 estimates, but Chegg cut Q3 estimates by up to $10 million. The AI-enhanced platform shows promise in increasing student engagement, potential for growth and higher subscriber retention.

Chegg (NYSE: CHGG ) stock is falling hard on Tuesday after the direct-to-student learning platform company released its latest earnings report. In the second quarter of 2024, Chegg released an updated guidance for the third quarter of the year.

ATLANTA, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Chegg, Inc. (“Chegg” or the “Company”) (NYSE: CHGG) complied with federal securities laws. On August 5, 2024, Chegg reported financial results for the three months ended June 30, 2024, and announced the Company was taking “$481.5 million of non-cash impairment charges.” Following this news, the price of the...