Minnesota lawmakers announce compromise in rideshare law; Uber and Lyft still threaten to leave state [CBS News]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
Check Earnings Report
Company Research
Source: CBS News
On Monday, the chief authors from the Minnesota House, Minnesota Senate and said a "major development" has been made in negotiations. The agreement includes a statewide minimum wage rate of $1.27 per mile and 49 cents per minute. The minimum wage rate is lower than the City Council's ordinance, which requires a minimum wage of $1.40 per mile and 51 cents per minute. That will go into effect on July 1, which is when Uber and Lyft have threatened to leave the state. "We are happy to come to a compromise agreement with the Minneapolis City Council on a minimum compensation standard that aligns with other major metropolitan areas," said House Majority Leader Jamie Long (DFL-Minneapolis). "This compromise represents significant movement from the Minneapolis City Council as we all work towards ensuring drivers in our state are fairly paid." The agreement was reflected in an amendment that was made public Monday and on Tuesday will be introduced to the House Labor and Industry Finance
Show less
Read more
Impact Snapshot
Event Time:
UBER
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBER alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBER alerts
High impacting Uber Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
UBER
News
- Lately: The wild capabilities of GPT-4o, power-hungry AI and an art project gone wrong [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- What early freight orders for peak season show — CNBC Supply Chain Survey [Yahoo! Finance]Yahoo! Finance
- What it takes to be a value investor today: Opening Bid [Yahoo! Finance Canada]Yahoo! Finance Canada
- What it takes to be a value investor today: Opening Bid [Yahoo! Finance]Yahoo! Finance
- Latest shipping data reveals that mid-range retail is the new consumer price sweet spot [CNBC]CNBC
UBER
Earnings
- 5/8/24 - Miss
UBER
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 144
- 5/15/24 - Form 4
- UBER's page on the SEC website