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James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, on April 29, 2010.
Shares of two big online education stocks tank more than 10% as students use ChatGPT

 Jefferies lowered its Chegg price target to $4 from $7, suggesting 44% downside from Monday's close. An earlier version misstated the percentage.