Why Chegg Stock Is Soaring Today
Chegg(CHGG) The Motley Fool·2024-07-16 23:52
Chegg (CHGG 10.88%) stock is making big gains in Tuesday's trading. The company's share price was up 12.8% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence. Has Chegg stock hit a bottom? With the stock trading at $3.65 per share as of this writing, the new target actually suggests downside of roughly 11%. Even with today's gains, Chegg is down roughly 68% year to date. Will Chegg keep getting crushed by AI? Rather than paying for Chegg's premium offerings or even providing platform ...