A survey of college students by investment bank Needham found 30% intended to use Chegg this semester, down from 38% in the spring, and 62% planned to use ChatGPT, up from 43%.
Thankfully, share prices of the companies have been resilient as they are up 6.8% on average since the latest earnings results. Started as a physical textbook rental service, Chegg (NYSE:CHGG) is now ...