On-line research firm Chegg suspends full-year outlook, saying ChatGPT's rising reputation is pressuring subscriber development; CHGG drops ~50% and is down ~64% YTD (Medha Singh/Reuters)

Medha Singh / Reuters:

On-line research firm Chegg suspends full-year outlook, saying ChatGPT’s rising reputation is pressuring subscriber development; CHGG drops ~50% and is down ~64% YTD  —  What’s the price of college students utilizing ChatGPT for homework?  For U.S. schooling companies supplier Chegg Inc (CHGG.N), it could possibly be almost $1 billion in market valuation.