Previous close | 65.74 |
Open | 66.10 |
Bid | 64.37 x 1200 |
Ask | 64.40 x 800 |
Day's range | 64.18 - 66.25 |
52-week range | 40.09 - 82.14 |
Volume | |
Avg. volume | 17,781,152 |
Market cap | 134.565B |
Beta (5Y monthly) | 1.36 |
PE ratio (TTM) | 102.22 |
EPS (TTM) | 0.63 |
Earnings date | 08 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 86.32 |
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The California Supreme Court ruled Thursday that app-based ride-hailing and delivery services like Uber and Lyft can continue treating their drivers as independent contractors rather than employees. The unanimous decision by the state's top court is a big win for tech giants. It also ends a yearslong legal battle between labor unions and tech companies over a law dictating the status of app-based service workers in the state.
California’s top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber and Lyft to consider drivers in the most populous U.S. state as independent contractors rather than as employees entitled to greater benefits.