The Price And Volume Action In Chegg's Stock Today
Chegg CHGG is currently down 6.0% to a price of $106.97. The stock's current volume for the day is 88.50 thousand, which is approximately 4.72% of its previous 30-day average volume of 1.87 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Chegg shares are trading lower after the company announced a proposed public offering of common stock.
Insights On Recent Price Action
The moving average price of the stock over the past 50 days was $93.44 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $115.21 and as low as $25.89.
If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.