Chegg, Inc. (0A4Z.L)
| Previous close | 6.87 |
| Open | 0.00 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 3,696 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.27 |
| PE ratio (TTM) | 0.11 |
| EPS (TTM) | 0.49 |
| Earnings date | 29 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Chegg stock sinks on disappointing Q2 guidance, AI headwinds
Shares of Chegg (CHGG) are sinking after the ed-tech company delivered disappointing second-quarter guidance as AI competition stunts its growth. The company also announced significant leadership changes, as Chief Executive Officer Dan Rosensweig will become Executive Chairman after 14 years in the role. He will be succeeded as CEO by COO Nathan Schultz as of June 1. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Melanie Riehl
Yahoo FinanceChegg stock crashes as free AI tools send online education company 'spiraling'
Chegg's growth metrics have declined since the launch of free AI learning tools, weighing heavily on the stock.
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MicroStrategy falls sharply after reporting a steep first-quarter loss, Eli Lilly tops earnings estimates and raises full-year guidance, and Tesla shares decline after surging 15% on Monday. Amazon.com, AMD, and Super Micro Computer are scheduled to report earnings after the closing bell Tuesday.
