35 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Society Pass Incorporated (NASDAQ: SOPA) gained 63.4% to $3.45 after dropping 16% on Monday.
Craig-Hallum Maintains Hold on Chegg, Lowers Price Target to $35
Craig-Hallum analyst Alex Fuhrman maintains Chegg (NYSE:CHGG) with a Hold and lowers the price target from $50 to $35.
Why Chegg Shares Are Trading Higher Today
Chegg Inc (NYSE: CHGG) is trading higher Tuesday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates.
Chegg: Q4 Earnings Insights
Chegg (NYSE:CHGG) reported its Q4 earnings results on Monday, February 7, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Chegg beat estimated earnings by 22.58%, reporting an EPS of $0.38 versus an estimate of $0.31.
Chegg Q4 EPS $0.38 Beats $0.31 Estimate, Adj. EBITDA $77.994M, Sales $207.50M Beat $195.20M Estimate
Chegg (NYSE:CHGG) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.31 by 22.58 percent. This is a 30.91 percent decrease over earnings of $0.55 per share from the same period
Looking At Chegg’s Recent Whale Trades
Someone with a lot of money to spend has taken a bearish stance on Chegg (NYSE:CHGG).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
10 Consumer Discretionary Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Analyst Ratings For Chegg
Within the last quarter, Chegg (NYSE:CHGG) has observed the following analyst ratings:
12 Consumer Discretionary Stocks Moving In Thursday’s After-Market Session
Gainers
Meiwu Technology Co (NASDAQ:WNW) stock increased by 7.5% to $2.01 during Thursday's after-market session. The market value of their outstanding shares is at $50.2 million.