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Photo: JD Lasica from Pleasanton, CA, US / Wikimedia Commons (CC BY 2.0)
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.
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Chegg, Inc., is an American educational technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services, powered by artificial intelligence. The company has 6.6 million subscribers.

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