Chegg ( (CHGG) ) has issued an update.
On April 1, 2025, Chegg, Inc. received a notice from the New York Stock Exchange (NYSE) for non-compliance with the minimum share price requirement, as its average closing share price was below $1.00 over a 30-day period. The company intends to regain compliance within a six-month cure period, potentially through a reverse stock split, and will continue to trade on the NYSE during this time. Failure to comply could lead to suspension and delisting procedures.
More about Chegg
Chegg, Inc. is a leading student-first connected learning platform based in Santa Clara, California. It provides individualized learning support to students, offering AI-powered academic assistance and access to a network of subject matter experts. Chegg helps students build essential academic, life, and job skills, and its services are available on demand 24/7.
YTD Price Performance: -66.31%
Average Trading Volume: 3,267,139
Technical Sentiment Signal: Strong Buy
Current Market Cap: $59.51M
For an in-depth examination of CHGG stock, go to TipRanks’ Stock Analysis page.