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Chegg - Online demand went up!

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Chegg - Online demand went up!
bjcheung77 Offline
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#1
02-17-2022, 01:32 AM
Wow, they have 7.8 million subscribers and $840 million in revenue! Subscribers jumped up 18% and revenue went up from $776 million to $840 M. They have a new service that I've not used yet, Chegg Life, anyone know if it is useful for that plan? I'll dig into it, maybe later...

Link: Chegg Soars as Online Education Demand Drives Robust Outlook By Investing.com
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Johann Offline
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#2
02-17-2022, 11:52 AM
(02-17-2022, 01:32 AM)bjcheung77 Wrote: Wow, they have 7.8 million subscribers and $840 million in revenue! 

I'd be cautious. From the article:

"The stock is down to about a fourth of its value since the pandemic fueled its rise to a high of $115.21 a year ago."

Yeah, VERY cautious.
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