What a New California Law About Independent Contractors Would Mean to Uber and Lyft
Re-classifying drivers as employees instead of independent contractors could cause a hit to these companies’ already-suffering stock prices.
Lyft
LYFT
LYFT
$46.43
-$0.85
-1.8%
BATS BZX Real Time Price as of September 20, 2019, 4:00 p.m. EDT
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Lyft's mission is to improve people’s lives with the world’s best transportation, primarily through their ride hailing mobile apps matching riders & drivers. Lyft is investing heavily in autonomous driving technology, which could transform their cost structure if and when they can legally and safely bring autonomous ride hailing services to the public.
News & Analysis: Lyft
The Fool has written over 100 articles on Lyft.
Will Uber and Lyft Stocks Shift Out of Reverse?
An HSBC analyst upgrades the two out-of-favor ridesharing stocks. This could be the bottom.
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Latin America's top online travel portal, the country's second-largest ridesharing service, and once-hot IPO falling short in its first quarterly report as a public company hit fresh lows last week.
3 Reasons Wall Street Shouldn't Hit the Brakes on Uber and Lyft
Analysts are lowering their expectations for the ridesharing leaders, but the accelerator pedal is so much more tempting these days.
Here’s Why Uber, Lyft, and Slack Aren’t the IPOs Investors Dreamed About
Dreams of riches are turning into nightmares for investors as profitability continues to elude these three.
Why Lyft Stock Dropped 20% Last Month
A number of factors combined to send the No. 2 ride-hailing service lower.
Can Uber and Lyft Bounce Back After Hitting All-Time Lows?
Both stocks hit new lows last week. But the industry is booming, and they won't be out of favor forever.
Why Uber and Lyft Are Pushing to Keep Their Drivers as Independent Contractors
September could prove to be a big month for ride-hailing companies as California lawmakers are expected to vote on a bill that will have a big impact on whether drivers in the state are considered employees.
After Hours: Uber and Lyft to Spend $60 Million to Fight Proposed Law, Disney Sells YES Network Stake
The two rideshare companies will put their money where their mouths are in California, while Disney unloads a big asset it acquired from Fox.
How to Invest in Self-Driving Car Stocks
Here's what you need to know to begin investing in this potentially disruptive technology.
