Online study company Chegg suspends full-year outlook, saying ChatGPT’s rising popularity is pressuring subscriber growth; CHGG drops ~50% and is down ~64% YTD (Medha Singh/Reuters)

Medha Singh / Reuters:
Online study company Chegg suspends full-year outlook, saying ChatGPT’s rising popularity is pressuring subscriber growth; CHGG drops ~50% and is down ~64% YTD  —  What’s the cost of students using ChatGPT for homework?  For U.S. education services provider Chegg Inc (CHGG.N), it could be nearly $1 billion in market valuation.

Author: . [Source Link (*), Techmeme]

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