The famous brand!
The field of education has indeed been revolutionized by Chegg Inc. Having been in the market for the past 15 years and based out of Santa Clara, California, the entire corporation deals with online tutorials on different concepts, textbook rentals, digital e-books of costly books and many such student-centric services. Along with helping the students, it is also fostering the talent of the teachers as they can solve the problems beyond their classroom students and also offers a good amount of side income to the working students. With all of these driving factors, the stock performance of NYSE: CHGG at https://www.webull.com/quote/nyse-chgg is showing the results accordingly and this article elucidates further on this concept.
The main points for analysis
As per the market closing on 18 August 2020, the following are the major points to be considered for evaluating the overall performance:
- Current NAV of USD 78.22 when compared to the previous day closing at USD 79.71 and the subsequent opening at USD 81.77
- A negative day on day growth at USD 1.49 and -1.87% when the same is expressed in the form of a percentage
- A market cap of USD 9.724 billion
- The 1-year estimate of