The big selloff in Chegg Inc.’s stock CHGG on the back of a downbeat revenue outlook is weighing on the shares of other online education companies. Chegg’s stock plummeted 46.3% in morning trading, enough the pace the New York Stock Exchange’s decliners, and put it on track to close at a six-year low. Elsewhere, shares of Duolingo Inc.
shed 4.3%, of Coursera Inc. tumbled 10.0%, of 2U Inc.