Chegg slides 0.97%; closes lower for five consecutive days

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 education technology company suffered a 16 cents or 0.97% loss.

Chegg was not the only decliner in the consumer staples sector; Anheuser-Busch lost 1.48% Friday and closed at $59.91. Unilever went down 1.15%, closed 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 has shed 43% over the past three months.