Chegg's Tough Week: FTC Settlement & Stock Drop

Chegg's stock plunges after a $7.5 million FTC settlement for allegedly trapping students in unwanted subscriptions. Accused of hiding cancellation processes and improperly charging customers, Chegg faces mounting financial pressure and investor skepticism amid declining subscriber numbers and fierce competition. Is this a buying opportunity or a sign to stay away? Hosted on Acast. See acast.com/privacy for more information.