regulatory
confidence high
sentiment negative
materiality 0.80
Chegg receives second NYSE delisting notice for share price below $1.00
CHEGG, INC
- NYSE notified Chegg on July 24, 2026 that average closing price was below $1.00 over 30 trading days ending July 23, 2026.
- This is a second notice; a prior notice from December 2025 was cured in May 2026.
- Chegg has a six-month cure period and may consider a reverse stock split to regain compliance.
- No immediate impact on listing; stock continues trading on NYSE during the cure period.
- Failure to regain compliance could lead to NYSE suspension and delisting procedures.