Previous close | 15.86 |
Open | 16.01 |
Bid | 15.82 x 1300 |
Ask | 16.22 x 3200 |
Day's range | 15.81 - 16.07 |
52-week range | 15.30 - 37.64 |
Volume | |
Avg. volume | 2,802,408 |
Market cap | 2.004B |
Beta (5Y monthly) | 1.03 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.51 |
Earnings date | 01 May 2023 - 05 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 20.38 |
Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately.
SANTA CLARA, Calif., February 24, 2023--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 result, Chegg's stock tumbled 20% this week, according to data provided by S&P Global Market Intelligence.