Chegg Stock Plunges 9.2% in a Month: Time to Buy the Dip?
Key Takeaways CHGG stock is down 9.2% in a month, underperforming its industry and trading 52.7% below its 52-week high.AI Overviews and rising competition have driven traffic loss, subscriber declines and revenue pressureChegg cut non-GAAP expenses 33% and plans $275-295M in savings across 2025-2026 to boost margins.Chegg, Inc. (CHGG) has seen its shares slide 9.2% over the past month, underperforming the Zacks Internet – Software industry’s 5.9% decline, the broader Computer and Technology sector’s 1.4% g ...