Ed tech company Chegg plunges after disclosing data breach

Chegg plunged more than 12 percent Wednesday after disclosing a data breach that could affect customers’ user information.

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Tim Cook, chief executive officer of Apple Inc., waves before speaking during the Apple World Wide Developers Conference (WWDC) in San Francisco, California, U.S., on Monday, June 8, 2015.The Shanghai stock exchange in China.