Broadcom becomes the eighth-largest U.S. company by market value, while Tesla shares rise, unaffected by the bankruptcy filing of electric-vehicle start-up Fisker.
Investing.com - Shares in Chegg (NYSE:CHGG) surged by more than 19% in U.S. premarket dealmaking after the education technology group announced plans to slash 23% of its global workforce as part of a broader restructuring push.
SANTA CLARA, Calif., June 17, 2024--Chegg, a leading student-first online learning platform, announced a restructuring plan today and published a Shareholder Letter describing its comprehensive strategy to refocus the company on its core audience – students – and provide 360 degrees of individualized support to learners in high school, college, and around the world.