Lyft, Inc. (LYFT)
After hours:
| Previous Close | 16.01 |
| Open | 16.29 |
| Bid | 16.10 x 2500 |
| Ask | 16.19 x 2900 |
| Day's Range | 15.99 - 16.79 |
| 52 Week Range | 7.91 - 20.82 |
| Volume | |
| Avg. Volume | 13,969,120 |
| Market Cap | 6.5B |
| Beta (5Y Monthly) | 2.05 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.46 |
| Earnings Date | Aug 06, 2024 - Aug 12, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 18.41 |
LA TimesIn final round of gig drivers' fight over Prop. 22, California Supreme Court to decide if it stays
Industry coalition backing Proposition 22 says it's cautiously optimistic the state's highest court will uphold the controversial gig worker law.
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.
