Chegg closed at $16.28 (down 0.97%) and added one more to its 5th straight day of losses

Published: March 19 2023, 11:56 GMT+0

Chegg closed at $16.28 (down 0.97%) and added one more to its 5th straight day of losses

Friday at a glance: during Friday's session, Chegg, Inc. toiled and struggled for upward momentum before closing at $16.28. By the close, the the US "edutech" pioneer suffered a 16 cents or 0.97% loss.

Chegg was not the only decliner in the consumer staples sector; Anheuser-Busch went down 1.48%, closed at $60.81. Unilever stumbles 1.15% Friday to close at $49.72.

On the other hand, positive performances could be seen by looking at other consumer staples stocks as Walmart was up 0.81%.

The US "edutech" pioneer is now trading 43% below its 3-month high of $37.03.

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