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StockNews.com
StockNews.com
Business
Pragya Pandey

Down 70% in the Past Year, is Now a Good Time to Scoop Up Shares of Chegg?

Chegg, Inc. (CHGG) in Santa Clara, Calif., offers a direct-to-student learning platform that assists students on their path from high school through college. The company recently launched "Learn with Chegg," a new offering in its industry-leading platform that delivers notably higher personalization, automatically providing relevant information to its customers to create a personalized learning experience based on their requirements.

However, the stock is down 71.1% in price over the past year and 62.7% over the past nine months to close its last trading session at $30.73. 

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