Watching Uber, Lyft Shares; PR Circulates UC Berkeley Labor Center Study Titled 'Gig Passenger and Delivery Driver Pay in Five Metro Areas'
Portfolio Pulse from Benzinga Newsdesk
A new study from the UC Berkeley Labor Center titled 'Gig Passenger and Delivery Driver Pay in Five Metro Areas' has been circulated, focusing on the pay of gig workers in major cities. This could impact the shares of Uber and Lyft.
May 23, 2024 | 3:28 pm
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NEGATIVE IMPACT
Lyft's stock may be impacted by the UC Berkeley Labor Center study on gig worker pay, which highlights potential labor issues and pay disparities.
Similar to Uber, Lyft could face increased scrutiny and potential regulatory actions due to the highlighted labor issues and pay disparities in the study.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The UC Berkeley Labor Center study on gig worker pay could impact Uber's stock as it highlights potential labor issues and pay disparities.
The study brings attention to labor issues and pay disparities, which could lead to increased scrutiny and potential regulatory actions affecting Uber's business model.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80