Why Are Chegg (CHGG) Shares Soaring Today [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
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US:NYSE Investor Relations:
investor.chegg.com/overview/default.aspx
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Source: Yahoo! Finance
the stock rebounded as the company announced a major restructuring plan that included a leadership change and a significant reduction in its workforce. As part of the shift, executive chairman Dan Rosensweig returned to the role of president and CEO. Chegg's plan involved cutting its workforce by 45% with the goal of reducing expenses by $100 million by 2026. This move was a response to challenges from reduced Google search traffic and the growing impact of AI on its academic business. The company aimed to reposition itself for growth in the skilling market, valued at over $40 billion. Chegg expected its new professional and enterprise-focused offerings to bring in around $70 million in revenues in 2025. After the initial pop the shares cooled down and closed the day at $1.06, up 10.5% from previous close. Is now the time to buy Chegg? Access our full analysis report here What Is The Market Telling Us Chegg's shares are extremely volatile and have had 101 moves greater than 5%
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CHGG
News
- Why Is Chegg (CHGG) Stock Rocketing Higher Today [Yahoo! Finance]Yahoo! Finance
- Chegg (CHGG) Stock Trades Down, Here Is Why [Yahoo! Finance]Yahoo! Finance
- Silicon Valley parents spent $2,000 to start a side hustle in their basement—now it brings in over $295,000 a year [CNBC]CNBC
- Chegg (NYSE:CHGG) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- Chegg (NYSE:CHGG) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
CHGG
Earnings
- 11/10/25 - Beat
CHGG
Sec Filings
- 11/20/25 - Form 8-K
- 11/19/25 - Form 4
- 11/19/25 - Form 4
- CHGG's page on the SEC website