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Better Education Stock: Nerdy vs. Chegg

TheMotleyFool

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Nerdy (NYSE: NRDY) and Chegg (NYSE: CHGG), which both provide online education services, were both crushed over the past year as investors rotated away from the sector in a post-lockdown market.

Nerdy went public by merging with a special purpose acquisition company (SPAC) last September. Its stock closed at $11.56 on the first day, but it's now trading at about $4 per share. Chegg, which went public via an IPO back in 2013, lost nearly 70% of its value over the past 12 months. Let's see if either battered education stock can possibly bounce back in 2022.

Image source: Getty Images.

Source Fool.com

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