Advertisement

Could AI Be the Death of Chegg Stock?

Could AI Be the Death of Chegg Stock?

Artificial intelligence (AI) is already changing the game for companies. Learning platform Chegg (NYSE: CHGG) spooked investors when it acknowledged that a recent surge in students pursuing ChatGPT had begun hurting its business. Is Chegg facing an existential threat, or is this a near-term scare and buying opportunity for the long-term investor?