What is happening to Chegg?

Chegg Stock Collapses as More Students Give Up School and Head to Work . Chegg shares lost nearly half their value after the company provided an earnings outlook that raised concern about the health of its business and the overall online education market.

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Is Chegg Inc A Good Investment?

There aren’t any compelling reasons to buy Chegg now Chegg stock got overheated during the rally in growth stocks in early 2021. At its all-time high, shares raded at over 90 times earnings, which was clearly an unsustainable valuation for the company as it moved beyond pandemic lockdowns.

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What company owns Chegg?

Chegg, Inc., is an American education technology company based in Santa Clara, California. … Chegg. Type of businessPublicFoundedJuly 2005HeadquartersSanta Clara, California, U.S.Founder(s)Aayush Phumbhra Osman Rashid Josh CarlsonKey peopleDan Rosensweig, Chairman, president and CEOChegg – Wikipedia en.wikipedia.org › wiki › Chegg

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Which country app is Duolingo?

Duolingo is actually a US-based learning app that was founded by Luis von Ahn and Severin Hacker. The company is headquartered in Pittsburgh, Pennsylvania, United States. Duolingo has experienced immense success since its release and it currently boasts of over 300 million users.

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How profitable is Duolingo?

In 2021, language learning and English test provider Duolingo generated more than 250.77 million U.S. dollars in revenues, up by 55 percent from the previous year. … Annual revenue generated by Duolingo Inc. from 2019 to 2021 (in million U.S. dollars) CharacteristicRevenue in million U.S. dollars2020161.7201970.76Duolingo: annual revenue 2019-2021 – Statista www.statista.com › statistics › annual-duolingo-revenue

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