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Chegg began trading shares publicly on the New York Stock Exchange in November 2013. [15] Its IPO was reported to have raised $187.5 million, with an initial market capitalization of about $1.1 billion. [16] In 2014, Chegg entered a partnership with book distributor Ingram Content Group to distribute all of Chegg's physical textbook rentals ...
Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%. Since the launch of ChatGPT in late 2022 the company ...
In October 2016, Coursera launched a monthly subscription model for Specializations and a 1-week free trial. The company has said subscription costs will vary "depending on the topic area". [31] In January 2017, the company launched Coursera for Governments & Nonprofits.
Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. [2] Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars.
UnitedHealth Group held its first earnings call since the shooting of its insurance executive last month.UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New ...
Chegg expanded from textbook rental into a portfolio of student services under his leadership, [2] [8] transforming Chegg's digital assets to meet student needs. In June 2024, Rosensweig stepped down as CEO of Chegg, and was succeeded by Nathan Schultz. [11] Rosensweig is a proponent of mentoring, [12] and of workplace equality. [13]
One of them pleaded guilty in September of 1992 to first-degree manslaughter and was sentenced to 8 1/3 to 25 years in jail. He was cut loose in 2009 on parole, which discharged him in August of 2016.
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