Chegg, Inc.Updated Chegg Plunges After Company Warns ChatGPT Is Impacting Growth
Wonder if this is the first of many.
I wouldn't like to be any online training / support desk type business with the rapid adoption of ChatGPT.
Could be a good opportunity for the shorters out there to look around for similar businesses that might feel the impact.
In Cheggs case I wonder if this drop will snowball, or be considered an over reaction by the market and some upside might be found.
Wonder if they will be able to reinvent themselves somehow and how quickly.
Interesting ...
I wouldn't like to be any online training / support desk type business with the rapid adoption of ChatGPT.
Could be a good opportunity for the shorters out there to look around for similar businesses that might feel the impact.
In Cheggs case I wonder if this drop will snowball, or be considered an over reaction by the market and some upside might be found.
Wonder if they will be able to reinvent themselves somehow and how quickly.
Interesting ...
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.