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Chegg Faces NYSE Delisting Notice for Low Share Price

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Chegg Faces NYSE Delisting Notice for Low Share Price

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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.

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