Why Chegg Stock Popped Today
Shares of Chegg (NYSE: CHGG) jumped nearly 9% on Tuesday after the connected learning platform company released its second-quarter results.
Chegg's total net revenue jumped 26% year over year to $93.9 million, besting Wall Street's expectations for revenue of $92 million.
Notably, Chegg Services saw its subscriber count rise by 30%, to 2.2 million, while Chegg Study content views increased by 25%, to 198 million.
Quelle Fool.com
