Previous close | 5.45 |
Open | 6.11 |
Bid | 6.80 |
Ask | 6.90 |
Strike | 50.00 |
Expiry date | 2024-01-19 |
Day's range | 5.75 - 7.15 |
Contract range | N/A |
Volume | |
Open interest | 2.01k |
Shares of Uber Technologies (NYSE: UBER) were stuck in a rut today as the transportation specialist seemed to take a hit from a legal dispute in the European Union (EU) as the company threatened to pull its drivers out of that region, pending a new legal requirement. The EU is currently negotiating a proposal that would designate gig workers, like Uber drivers, as de facto employees. The news is familiar to Uber and its shareholders: The company has been fighting with jurisdictions since its early days over the classification of its drivers, whom it considers contractors.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
Toronto-based autonomous vehicle (AV) startup, Waabi, has partnered with Uber (NYSE:UBER) Freight, the logistics division of the US ride-hailing giant, in a 10-year agreement aimed at advancing autonomous trucking. The collaboration involves integrating Waabi's core technology, Waabi Driver, with Uber Freight's logistics platform and autonomous trucking operations, creating what the companies describe as a unique driver-as-a-service solution.