Chegg unravels as loss of subscribers to Google AIO erodes profitability

Feb. 24, 2025 4:47 PM ETChegg, Inc. (CHGG) StockBy: Amy Thielen, SA News Editor
(3min)
Stack of colorful books. Education background. Back to school. Book, hardback colorful books on wooden table. Education business concept. Copy space for text.

Svitlana Unuchko

Shares of on-line learning platform Chegg (NYSE:CHGG) are unraveling in Monday’s after-hours trading as a substantial loss of subscribers and revenue in the fourth quarter contributed to a significant decline in profitability. This has encouraged the company to consider

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