Chegg crashes 49% after the education company says the rise of ChatGPT among students is impacting customer growth

Chegg crashes 49% after the education company says the rise of ChatGPT among students is impacting customer growth

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LAW Ho Ming/Getty Images Chegg stock crashed 49% on Tuesday after the education company said students are increasingly using ChatGPT for homework help. First-quarter earnings beat analyst estimates, but that wasn't enough to stem fears that ChatGPT is a serious threat to Chegg. "Since March, we…

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