BRIEF-Galloway Capital Partners Announces 5.44% Ownership In Chegg

Chegg, Inc. +0.96%

Chegg, Inc.

CHGG

1.00

+0.96%

April 8 (Reuters) - Chegg Inc CHGG.N:

  • GALLOWAY CAPITAL PARTNERS ANNOUNCES 5.44% OWNERSHIP IN CHEGG, INC. AND HIGHLIGHTS SIGNIFICANT VALUE OPPORTUNITY

  • GALLOWAY CAPITAL: BELIEVES CHEGG'S CURRENT SHARE PRICE REFLECTS A "SUBSTANTIAL DISCONNECT" FROM ITS INTRINSIC VALUE

  • GALLOWAY CAPITAL: BELIEVES THAT STRATEGIC SEPARATION OF CHEGG'S BUSINESS UNITS REPRESENTS COMPELLING OPPORTUNITY TO UNLOCK SHAREHOLDER VALUE

Source text: ID:nBwbf99Nka

Further company coverage: CHGG.N


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