UBER Jul 2024 72.500 put
| Previous close | 6.74 |
| Open | 7.96 |
| Bid | 7.40 |
| Ask | 7.55 |
| Strike | 72.50 |
| Expiry date | 2024-07-19 |
| Day's range | 7.75 - 7.96 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.71k |
- Reuters
UPDATE 1-Massachusetts takes Uber, Lyft to trial over whether drivers are employees
Massachusetts' attorney general took Uber Technologies and Lyft to trial on Monday over allegations that the ride-share companies are misclassifying thousands of drivers in the state as independent contractors to avoid treating them as more costly employees. The non-jury trial in Boston comes amid broader legal and political battles in the Democratic-led state and elsewhere nationally over the status of drivers for app-based companies whose services fuel the U.S. gig worker economy. Massachusetts Attorney General Andrea Joy Campbell, a Democrat, is asking a judge to conclude that drivers for Uber and Lyft are employees under state law and therefore entitled to benefits such as a minimum wage, overtime and earned sick time.
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