Chegg provides products and services that help students on their educational journey. Co.'s offerings fall into two categories: Chegg Services and Required Materials. The Chegg Services segment encompasses Co.'s subscription services including: Chegg Study, which provides its Expert Questions and Answers service; and Chegg Math Solver, which is a step-by-step math problem solver and calculator. The Required Materials segment includes print textbooks and eTextbooks, in which Co. rents and sells print textbooks and eTextbooks. Most of the print textbook transactions are rentals, although Co. also provides both new and used textbooks for sale at a slight markup to its acquisition cost. The CHGG stock yearly return is shown above.
The yearly return on the CHGG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CHGG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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