Chegg Plans Reverse Split to Restore NYSE Listing
Chegg received a New York Stock Exchange notice that it is not in compliance with the minimum $1.00 average closing price rule for a 30-trading-day period ending July 23, 2026, triggering a six-month cure window during which it can regain compliance, potentially via a reverse stock split; the stock will continue trading during this period. This follows a prior December 2025 notice Chegg cured by May 2026, and the company warns failure to restore the price could lead to suspension and delisting.
