Previous close | 16.01 |
Open | 16.29 |
Bid | 16.10 x 2500 |
Ask | 16.19 x 2900 |
Day's range | 15.99 - 16.79 |
52-week range | 7.91 - 20.82 |
Volume | |
Avg. volume | 13,969,120 |
Market cap | 6.46B |
Beta (5Y monthly) | 2.05 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.46 |
Earnings date | 06 Aug 2024 - 12 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 18.41 |
Industry coalition backing Proposition 22 says it's cautiously optimistic the state's highest court will uphold the controversial gig worker law.
Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers in Minnesota will receive higher pay starting January 1, 2025, thanks to a new law resulting from negotiations between the state and these ride-hailing giants. Governor Tim Walz, who supports the bill and will likely sign it, has agreed on rates of at least $1.28 per mile and $0.31 per minute for drivers. The rates align with a state study’s recommendations, which suggested earnings between $0.89 and $1.207 per mile and $0.48
California's Supreme Court will hear arguments on the constitutionality of Proposition 22, which classified drivers working in the gig economy as independent contractors.