Chegg’s stock tumbles on ChatGPT student usage, Pfizer and Burger King parent shares rise on results and other stocks on the move

Uber UBER surged nearly 8% premarket after the car-ride hailing company issued an uplifted second-quarter outlook that topped expectations.Stock gainers:

Top Financial Group Ltd TOP , the Hong Kong-based broker, surged more than 8% after becoming a meme stock in the Reddit group WallStreetBets. The stock had closed 52% down on Monday. Leggett & Platt Inc. LEG advanced 2% premarket after the maker of mattresses and other home and commercial products reported earnings that topped Wall Street views despite feeling what it called the “impact” from economic uncertainty, and kept its 2023 guidance intact.Chegg Inc. CHGG tumbled over 43% premarket when it forecasted net revenue below analysts’ estimates from weaker customer growth due to a recorded rise in student interest in ChatGPT.

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