Chegg stock dives more than 20% as forecast calls for another year of shrinking sales

Chegg Inc. CHGG, shares sank 20% in after-hours trading Monday after executives guided for a second consecutive year of shrinking sales. The online-education company reported fourth-quarter earnings of $1.9 million, or a penny a share, on sales of $205.2 million, down from $207.5 million a year…#cheggincchgg
Source: Reuters: Health - Category: Consumer Health News Source Type: news