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Stock impact report

Chegg (CHGG): Buy, Sell, or Hold Post Q2 Earnings? [Yahoo! Finance]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Yahoo! Finance
This performance may have investors wondering how to approach the situation. Is now the time to buy Chegg, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free for active Edge members Why Do We Think Chegg Will Underperform? We're happy investors have made money, but we're cautious about Chegg. Here are three reasons why CHGG doesn't excite us and a stock we'd rather own. 1. Declining Services Subscribers Reflect Product Weakness As a subscription-based app, Chegg generates revenue growth by expanding both its subscriber base and the amount each subscriber spends over time. Chegg struggled with new customer acquisition over the last two years as its services subscribers have declined by 17.3% annually to 2.62 million in the latest quarter. This performance isn't ideal because internet usage is secular, meaning there are typically unaddressed market opportunities. If Chegg wants to accelerate gr Show less Read more
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