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Chegg gets NYSE notice after 30-day average share price falls below $1

PUBT·07/24/2026 20:05:32
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Chegg gets NYSE notice after 30-day average share price falls below $1
  • Chegg received an NYSE notice on July 24, 2026 for failing the $1 minimum share price rule after a 30-trading-day average below $1.
  • The stock remains listed during a six-month cure period; compliance requires a month-end close of at least $1 and a 30-day average of at least $1.
  • Chegg plans to notify the NYSE of its intent to regain compliance; options include a reverse stock split, subject to board approval.
  • Failure to cure could trigger NYSE suspension and delisting procedures.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chegg Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607241605BIZWIRE_USPR_____20260724_BW533303) on July 24, 2026, and is solely responsible for the information contained therein.