Chegg, Inc. (CHGG) News
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CHGG News Highlights
- For CHGG, its 30 day story count is now at 6.
- Over the past 18 days, the trend for CHGG's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about CHGG are ASR and PAY.
Latest CHGG News From Around the Web
Below are the latest news stories about CHEGG INC that investors may wish to consider to help them evaluate CHGG as an investment opportunity.
20 Biggest Publishing Companies in the World (Updated)In this article, we will be taking a look at the 20 biggest publishing companies in the world. To skip our detailed analysis, you can go directly to the 5 Biggest Publishing Companies in the World. The production and distribution of information, such as books, music, software, and travel guides, is done by the publishing […] |
7 Value-Trap Stocks That Will Punish the BagholdersValue-trap stocks have an expensive time cost that investors cannot get back, as ideas are unlikely to pay off any time soon. |
Is the Options Market Predicting a Spike in Chegg (CHGG) Stock?Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately. |
Chegg Adopts $150M Accelerated Share RepurchaseChegg Inc (NYSE: CHGG) has entered an accelerated share repurchase agreement (ASR) to repurchase $150 million of its common stock. The ASR transaction will be effectuated pursuant to Chegg's previously announced $2.0 billion securities repurchase program. Under the ASR, Chegg will make an initial payment of $150 million to J.P. Morgan Chase Bank, National Association, and will receive an initial delivery of 7.6 million shares by Feb. 24, 2023. The final settlement of the ASR is expected to occur |
Chegg enters $150 million accelerated share repurchase agreement with JPMorgan and National AssociationEducation company Chegg Inc. (CHGG) said Friday it has entered a new $150 million accelerated share repurchase agreement with JP Morgan and National Association. Under the terms of the deal, Chegg will make an initial payment of $150 million to the two parties and receive an initial delivery of about 7.6 million shares by Feb . 24. The final number of shares to be repurchased will be based on the volume-weighted average price of Chegg’s common stock during the term of the ASR, minus a discount. |
Chegg Announces New $150 Million Accelerated Share RepurchaseSANTA CLARA, Calif., February 24, 2023--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement ("ASR") with J.P. Morgan Chase Bank, National Association to repurchase $150 million of Chegg’s common stock. |
Why Chegg Stock Plunged 20% This WeekShares of Chegg (NYSE: CHGG), an online education platform, fell hard this week after the company reported its fourth-quarter results. While Chegg beat Wall Street's top- and bottom-line estimates, the company's management issued 2023 guidance that was lower than expected. As a result, Chegg's stock tumbled 20% this week, according to data provided by S&P Global Market Intelligence. |
Chegg Full Year 2022 Earnings: EPS Misses ExpectationsChegg ( NYSE:CHGG ) Full Year 2022 Results Key Financial Results Revenue: US$766.9m (down 1.2% from FY 2021). Net... |
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on TuesdayIt's time to start the day with a breakdown of the biggest pre-market stock movers investors will want to watch on Tuesday! |
Chegg (CHGG) Stock Sinks 20% on Weak Guidance, Analyst DowngradeCHGG stock traders, and at least one analyst, aren't particularly pleased with Chegg's 2023 revenue guidance. |