Chegg Stock Soars As Generative AI Enters The Spotlight: What’s Going On?

Chegg, Inc. (NYSE:CHGG) shares are trading higher in the after-hours market Monday on the heels of the company’s second-quarter earnings report. Here’s a summary of the results.

What To Know: Chegg reported quarterly earnings of 28 cents per share which was in line with the analyst consensus estimate, representing a 24.32% decrease over earnings of 37 cents per share from the same period last year.