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Chegg shares rebound with 17% pop after losing almost half their value on ChatGPT concerns

Chegg shares (-50% in value) Drops after Chatgpt Concerns but rebound quickly with 17% pop. CEO Dan Rosensweig reassured investors that the company has more than enough cash to pay off its debt and that ChatGPT is having an "extraordinarily overblown" impact on their new customer growth rate.

The post Chegg Shares Rebound with 17% pop after losing almost half their value on ChatGPT concerns appeared first on Balanced News Summary.



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Chegg shares rebound with 17% pop after losing almost half their value on ChatGPT concerns

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