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Rosensweig will now serve as executive chairman. Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%.
Morgan Stanley now has a one-year price target of $3.25 on the stock -- down from its previous target of $6.50 per share. With the stock trading at $3.65 per share as of this writing, the new ...
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Chegg began trading shares publicly on the New York Stock Exchange in November 2013. [15] Its IPO was reported to have raised $187.5 million, with an initial market capitalization of about $1.1 billion. [16] In 2014, Chegg entered a partnership with book distributor Ingram Content Group to distribute all of Chegg's physical textbook rentals ...
Three months after Chegg warned ChatGPT was stealing market share, the company believes it has a better handle on integrating AI into its product. Chegg stock soars after company touts AI advances ...
One stock has become so expensive that a single share is worth more than a house in many parts of the country. Although it might be hard to comprehend how a share could carry such value, a stock ...
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The lowest average price per gallon under Biden so far was in January at $2.957, still higher than the highest average price under Trump — $2.208 in May 2018.