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Chegg Inc - CHGG STOCK NEWS

Welcome to our dedicated news page for Chegg (Ticker: CHGG), a resource for investors and traders seeking the latest updates and insights on Chegg.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Chegg's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Chegg's position in the market.

Rhea-AI Summary
Chegg, Inc. (NYSE:CHGG) granted equity awards to new hires under the Chegg 2023 Equity Inducement Plan. Deena Bahri, the new Chief Marketing Officer, received 314,685 RSUs. Three other new employees received a total of 6,671 RSUs. The RSUs will vest over time based on continuous service.
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Rhea-AI Summary
Chegg, Inc. (CHGG) is set to announce its first-quarter 2024 earnings on April 29, 2024, after the market close. A conference call will follow to discuss the financial results. Investors can access the call via phone or webcast.
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Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary
Chegg, Inc. (CHGG) appoints Deena Bahri as Chief Marketing Officer, bringing her extensive experience from tech-driven brands like StockX. Bahri aims to enhance Chegg's brand and user growth strategy through AI-powered personalized learning, succeeding Esther Lem. With a track record of accelerating brands and international expansion, Bahri's vision aligns with Chegg's mission to empower learners worldwide.
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2.85%
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management
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Chegg, Inc. announced the grant of equity awards to 21 new employees under the Chegg 2023 Equity Inducement Plan. The awards consist of 80,771 restricted stock units (RSUs) of Chegg common stock. The RSUs will vest over a period of 24 months based on the employees' continuous service.
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1.27%
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Chegg, Inc. (CHGG) has appointed David Longo as Chief Financial Officer, effective February 21, succeeding Andrew Brown. Longo, who currently serves as Vice President, Chief Accounting Officer, Corporate Controller, and Assistant Treasurer at Chegg, previously held positions at Shutterfly, Inc. and CBS Interactive. Chegg's CEO, Dan Rosensweig, expressed confidence in Longo's ability to drive growth and shareholder value, emphasizing his dynamic and forward-thinking leadership. Longo is excited about the opportunity to work with Chegg's visionary team at a pivotal time in the education sector, aiming to drive value for both shareholders and the millions of students the company serves.
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-6.13%
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management
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Rhea-AI Summary
Chegg, Inc. (NYSE:CHGG) reported financial results for Q4 2023 and full year 2023, with total net revenues of $188.0 million and $716.3 million respectively, and a decrease in Subscription Services Revenues by 6% and 5% year-over-year. The company also announced the appointment of David Longo as the new Chief Financial Officer, effective February 21, 2024. Despite the decrease in revenues, Chegg's CEO, Dan Rosensweig, expressed pride in the team's efforts to reinvent the company through the integration of artificial intelligence into its platform.
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Rhea-AI Sentiment
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-6.13%
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Chegg, Inc. (NYSE: CHGG) is set to release its earnings results for Q4 and full fiscal year 2023 on February 5, 2024, after the market close. The company will host a conference call to discuss the financial results on the same day. Participants can access the call via phone or webcast. An audio replay will be available until February 12, 2024.
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2.12%
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UserWay (TASE: UWAY) appoints Sophia Tupolev-Luz as VP of Communications and Etay Geller as VP of Product. The company is scaling up, launching innovative accessibility solutions like FixMyCode.ai and UserWay for Microsoft PowerPoint. It also reached positive cash flow in Q3 2023. Tupolev-Luz is a seasoned B2B communications strategist and economic inclusion advocate, while Geller brings a wealth of experience in product management and successful product launches. Both appointments aim to reinforce UserWay's position as the market leader in digital accessibility, empowering millions of users worldwide.
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-6.21%
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Chegg, Inc. (NYSE:CHGG) Announces $150 Million Accelerated Share Repurchase Agreement with Morgan Stanley Bank, National Association
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18%
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buyback
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Chegg (CHGG) Launches Global Student Survey 2023, Revealing 40% of Undergraduates Use Generative AI for Studies
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-3.48%
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Chegg Inc

NYSE:CHGG

CHGG Rankings

CHGG Stock Data

736.09M
84.30M
2.98%
99.99%
13.22%
Educational Support Services
Educational Services
Link
US
Santa Clara

About CHGG

about chegg: as the leading student-first connected learning platform, chegg's student hub makes higher education more affordable and more accessible, all while improving student outcomes. chegg is a publicly-held company based in santa clara, ca with offices in san francisco, new york, portland, india, israel, berlin, and ukraine. chegg student hub services includes; chegg study, tutoring, writing tools, math help, test prep, careers search, internship admissions, and college admissions. video shorts - life at chegg: https://jobs.chegg.com/video-shorts-chegg-services certified great place to work!: http://reviews.greatplacetowork.com/chegg for more information: https://jobs.chegg.com/ chegg is an equal opportunity employer