Online study company Chegg suspends its full-year outlook, saying ChatGPT's popularity is pressuring its subscriber growth; CHGG drops ~50%, now down 64%+ YTD (Medha Singh/Reuters) 02-05-2023

Medha Singh / Reuters:
Online study company Chegg suspends its full-year outlook, saying ChatGPT’s popularity is pressuring its subscriber growth; CHGG drops ~50%, now down 64%+ YTD — What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc (CHGG.N), it could be nearly $1 billion in market valuation.