Why Is Everyone Talking About Chegg Stock?

Chegg's (NYSE: CHGG) stock price plunged nearly 50% on Tuesday after the education technology company posted its third-quarter earnings report.

That decline reduced Chegg's stock price to its lowest levels since the COVID-19 crash last March and turned it into a trending topic on Reddit's WallStreetBets (WSB) subreddit. Let's see why Chegg's investors were so eager to dump the stock, and if its post-earnings sell-off was justified.

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Source Fool.com