Shares of Uber, Lyft drift lower after California judge says that contract drivers are employees

Shares of Uber, Lyft drift lower after California judge says that contract drivers are employees

TechCrunch

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Shares of Uber and Lyft dipped modestly after a California judge granted a preliminary injunction that TechCrunch reports could force the two American ride-hailing companies to reclassify drivers as employees in the state. Uber’s stock is off about 1.3% following the cessation of normal trading hours after dipping around 2% in regular trading. Lyft’s stock […]

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