LYFT May 2024 35.000 put
| Previous Close | 14.35 |
| Open | N/A |
| Bid | 18.80 |
| Ask | 18.90 |
| Strike | 35.00 |
| Expire Date | 2024-05-17 |
| Day's Range | 14.35 - 14.35 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
LA TimesCalifornia Supreme Court to hear arguments on Uber, Lyft-backed Prop. 22
California's Supreme Court will hear arguments on the constitutionality of Proposition 22, which classified drivers working in the gig economy as independent contractors.
ReutersCalifornia court weighs fate of law treating app-based drivers as contractors
(Reuters) -Judges on California's top court on Tuesday considered whether voters had the power to allow app-based services such as Uber and Lyft to classify drivers in the state as independent contractors rather than as employees with greater benefits. The seven-member California Supreme Court heard oral arguments in San Francisco in a lawsuit by the Service Employees International Union (SEIU) and four drivers who say a 2020 ballot measure known as Proposition 22 was unconstitutional. The measure exempts app-based drivers from a 2019 state law that narrowed the circumstances in which many workers can be treated as contractors.
