: Uber, DoorDash, Lyft stocks rise after Prop. 22 ruling in California
Shares of Uber Technologies Inc. UBER, Lyft Inc. LYFT and DoorDash Inc. DASH ended higher Tuesday, a day after a California appeals court handed them a partial victory that lets them continue treating their drivers and couriers as independent contractors instead of employees — though an appeal to the California Supreme Court is likely. The three-member appeals court ruled two to one that most of Proposition 22, the law that came out of a 2020 ballot initiative on which the companies spent more than $200 million... Читать дальше...