UPDATE: Morgan Stanley Downgrades Chegg (CHGG) to Equalweight
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/9/2026
- Hut 8 Mining Corp. (HUT) PT Raised to $55 at KBW As Management Delivers
- Exclusive-SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says
- UK's Ofcom requires tech firms to create crisis response plans
- Salesforce to acquire metering platform M3TER for consumption billing
- Quantum Space to go public via $1.2B SPAC merger
Chegg Reports Third Quarter 2021 Financial Results
November 1, 2021 4:05 PM EDTIncreases Securities Repurchase Program By $500 Million
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG) today reported financial results for the three months ended September 30, 2021.
Over the last year and a half, we experienced extraordinary growth and, in midst of a strong year, had a solid third quarter, growing Chegg Services revenue 23% year-over-year. However, in late September it became clear to us that the education industry is experiencing a slowdown that we believe is temporary and is a direct result of the COVID-19 pandemic, said Dan Rosensweig, CEO &... More

