Previous close | 1.2500 |
Open | 1.2500 |
Bid | 1.1000 |
Ask | 1.2000 |
Strike | 5.00 |
Expiry date | 2025-01-17 |
Day's range | 1.2500 - 1.2500 |
Contract range | N/A |
Volume | |
Open interest | 192 |
Chegg Inc. (NYSE:CHGG) faces a substantial challenge from the emergence of AI tools such as ChatGPT, which have exerted significant pressure on the company’s market performance. The latest earnings report reflects a concerning trend for Chegg, with Quarter 1 revenue down 7% year-over-year and Subscription Service Revenue down 9% year-over-year. Projections for the current quarter indicate further declines in total net revenue, gross margins and profits. Despite incorporating AI features and enha
Chegg (CHGG) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Chegg, Inc. (NYSE:CHGG) Q1 2024 Earnings Call Transcript April 29, 2024 Chegg, Inc. beats earnings expectations. Reported EPS is $0.26, expectations were $0.24. CHGG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to Chegg, Inc.’s First Quarter 2024 […]