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Chegg Slumps as Wall Street Sees AI Threat to Homework-Help Firm

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April 30, 2024, 6:13 p.m. | Matthew Griffin

Bloomberg Technology bloomberg.com

Shares of online-education firm Chegg Inc. were on track for their biggest drop in about a year as competition from AI tools led Wall Street analysts to downgrade the stock.

ai threat ai tools analysts chegg competition education homework led sees stock threat tools track wall

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