Chegg Faces NYSE Delisting Notice as Stock Dips Below $1.00
CHGG has more than doubled off its 52-week low of $0.45.
Summary
Chegg received a NYSE delisting notice on July 24, 2026, after its stock averaged below $1.00 over 30 trading days. The company has six months to regain compliance, likely via a reverse stock split, or face delisting.
Key Events · Legal and Risk Events · CHGG
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NYSE Delisting Notice Received
On July 24, 2026, Chegg was notified that its average closing price fell below $1.00 over the 30 trading days ending July 23, 2026, violating NYSE continued listing standards.
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Second Notice in Under a Year
This is a new, separate notice from the December 2025 deficiency, which Chegg cured in May 2026. The recurrence signals persistent share price weakness.
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Six-Month Cure Period
Chegg has until January 2027 to regain compliance by achieving a closing price of at least $1.00 and a 30-day average above $1.00. The company may effect a reverse stock split, already approved by shareholders in June 2026.
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Delisting Risk
If Chegg fails to regain compliance, its common stock will be subject to NYSE suspension and delisting procedures, which would severely impact liquidity and investor access.
Analysis · CHGG · Trade & Services
The NYSE has notified Chegg that its stock price fell below the $1.00 minimum for 30 consecutive trading days, triggering a delisting warning. This marks the second such notice in under a year—the company cured a similar deficiency in May 2026 after a December 2025 notice. With shares now at $0.9754, Chegg has a six-month window to regain compliance, likely through a reverse stock split that shareholders already approved in June. Failure to do so would result in suspension and delisting, a severe blow to liquidity and investor confidence for a company already battling a 48% revenue decline and AI-driven disruption.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 42.6% of the 523 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CHGG was trading at $0.98 on NYSE in the Trade & Services sector, with a market capitalization of approximately $107.7M. The 52-week trading range was $0.45 to $1.90. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.