|Bid||24.63 x 1100|
|Ask||24.84 x 1300|
|Day's Range||24.60 - 25.79|
|52 Week Range||14.56 - 54.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||40.71|
As Election Day nears, California voters are being bombarded with ads featuring smiling Black and brown faces championing Proposition 22, the initiative by Uber Technologies Inc., Lyft Inc. and other gig companies that seeks to exempt them from a state law requiring them to treat drivers and delivery workers as employees.
Gig companies have poured a historic amount of money into defeating a law to make workers employees. What happens if their effort fails?
Welcome back to Human Capital, where we look at the latest in tech labor and diversity and inclusion. Because election day is quickly approaching and given that California's Prop 22 puts the "future of labor" at stake, as Instacart worker and co-organizer at Gig Workers Collective Vanessa Bain told TechCrunch this week, we're paying close attention to this ballot measure. Gig companies like Uber, Lyft, DoorDash and Instacart have put more than $180 million into Prop 22, which seeks to keep their drivers and delivery workers classified as independent contractors.