Monthly Archive: October 2020

Chegg Sinks 5% After-Hours Despite Stellar 3Q Earnings

Chegg Sinks 5% After-Hours Despite Stellar 3Q Earnings

Shares of online education provider Chegg were down 5.4% in the extended trading session on Monday even as the company reported better-than-anticipated third-quarter results and raised its full-year guidance.Chegg’s (CHGG) revenue grew 64% year-over-year to...

3 Reasons to Take a Chance on Sorrento Stock

3 Reasons to Take a Chance on Sorrento Stock

As others have pointed out, Sorrento (NASDAQ:SRNE) is somewhat risky. After all, SRNE stock is trading at a huge trailing price-sales (P/S) ratio of over 50. What’s more, companies focused on early-stage drugs are inherently...