Chegg today with -45 % 😵
Founded in 2005, Chegg Inc. is a US-based educational technology company headquartered in California.
Chegg lends & sells digital and physical textbooks to students and learners in all subject areas and provides online tutoring. 📕🧑🏫
The company's vision is to improve student education while keeping costs low.
The pandemic boosted the stock as students and learners studied from home and used the products more than ever before.
In February 2021, the share price was still €90.16. In Q3, the company earned $0.20 per share and confirmed analyst expectations. The revenue forecast was $175 million, but unfortunately only $172 million was achieved.
Furthermore, the company estimates revenues of $194-196 million in Q4. However, the analysts' estimate was 242 million dollars. Which is why it went mighty downhill for the share today. 📉
Current price: € 29.40
All-time high Feb. 21: 90.16 €
Price 1 year: -29.70
Price 3 years: +136.32 %
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No investment recommendation
Source: finanzennet, ariva, deraktionaer, finanztrends
