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CHGG Dec 2025 7.000 put
| Previous close | 2.5500 |
| Open | 2.5500 |
| Bid | 2.5500 |
| Ask | 2.7500 |
| Strike | 7.00 |
| Expiry date | 2025-12-19 |
| Day's range | 2.5500 - 2.5500 |
| Contract range | N/A |
| Volume | |
| Open interest | 187 |
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BenzingaChegg's Stock Price Drops 27% As ChatGPT And Free AI Tools Send Stock Plummeting
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
ZacksDown -27.49% in 4 Weeks, Here's Why Chegg (CHGG) Looks Ripe for a Turnaround
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.
