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Chegg gains after CEO, CFO disclose purchases

Feb. 26, 2016 11:39 AM ETChegg, Inc. (CHGG) StockCHGGBy: Eric Jhonsa, SA News Editor
  • Chegg (CHGG +5%) CEO Dan Rosensweig discloses he bought 48,842 shares yesterday at $4.09. CFO Andrew J. Brown discloses he bought 30K shares yesterday at $4.16. (source: InsiderInsights.com)
  • Both purchases come after Chegg plunged on Tuesday following mixed Q4 results and soft guidance. Shares recovered some of their losses on Wednesday after Rosensweig appeared on Jim Cramer's Mad Money.

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