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2023-03-09 07:15:09 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Markets will exploit investors who are too patient and forgiving on companies that are the value traps. These companies mask as deeply discounted companies that appear to have plenty of mar...
Chegg ( NYSE: CHGG ) has entered into an accelerated share repurchase agreement to repurchase $150M of its common stock as part of its $2B securities repurchase program. Under the agreement with J.P. Morgan Chase Bank, National Association, the connected learning company will make...
Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with J.P. Morgan Chase Bank, National Association to repurchase $150 million of Chegg’s common stock. ...
Shares of Chegg (NYSE: CHGG) , an online education platform , fell hard this week after the company reported its fourth-quarter results. While Chegg beat Wall Street's top- and bottom-line estimates, the company's management issued 2023 guidance that was lower than expected. As a ...
Summary Chegg is Ethical. ChatGPT will not replace Chegg. Chegg is undervalued through a Discounted Cash Flow Model and Multiples Analysis. Thesis Chegg (CHGG) shares dropped over 20% to a price of $16.50 during Monday's afterhours session on February 6th, 2023. They r...
Shares of Chegg (NYSE: CHGG) were down 18% as of 12:08 p.m. ET on Tuesday. The company reported earnings results that were above analysts' consensus estimates for the fourth quarter, while management offered guidance that was below expectations. The post-earnings sell-off brings the s...
Chegg ( NYSE: CHGG ) stock marked a double-digit percentage decline on Tuesday after a big miss on earnings reported on Monday evening. After the miss, analysts also called into question the prospects for a turnaround. “We are downgrading Chegg to Sector Weight as our p...
Summary Chegg reported another weak quarter as business normalizes at higher levels. The company guided to weak 1H'23 results, sending the stock cratering. Chegg stock is cheap given an expected return to growth in '24, though risks exist to the growth story. After another...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks are supposed to go up after an earnings beat, right? Not always, as Chegg (NYSE: CHGG ) stock is tanking today. The company’s fourth-quarter 2022 financial results exceeded Wall Street’s consensus for...
Stock futures were little changed Tuesday as investors braced for the latest commentary due Tuesday from Federal Reserve Chairman Jerome Powell. Futures for the Dow Jones Industrials dipped 16 points, or 0.1%, early Tuesday to 33,918. Futures for the S&P 500 poked ahead 6.25 points, o...
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2024-07-16 11:52:05 ET Chegg (NYSE: CHGG) stock is making big gains in Tuesday's trading. The company's share price was up 12.8% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence . Chegg is gaining ground today thanks to a research note published...
Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Monday, August 5, 2024, after market close for the second quarter of 2024, which ended June 30, 2024. Chegg will host a conference call to discuss th...
2024-06-28 11:05:00 ET It's been a rough first half for some investors. If you owned shares of UiPath (NYSE: PATH) , Chegg (NYSE: CHGG) , and Roku (NASDAQ: ROKU) since the start of 2024, you're in a world of hurt. The three stocks are down between 36% and 74% so ...