Nvidia passes Microsoft to become the largest company by market value, analysts raise their price targets on shares of Micron Technology, and Tesla falls following the bankruptcy filing of electric-vehicle start-up Fisker.
Chegg (CHGG) announces its plans to restructure and execute new strategies to increase its growth prospects and operational excellence.
Shares of Chegg (CHGG) are trading higher Tuesday after the company unveiled a workforce reduction as part of a broader restructuring initiative. The educational technology firm has announced that it will reduce its global headcount by 23%. Yahoo Finance's Josh Schafer breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith.