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0 0.00210359408033825 0.00369274136715988 0.0079281183932346 0.00810429880197324 0.00565539112050736 0.00281888653981671 -0.000528541226215665
Stock impact report

Why the sharing economy is 'all up for grabs' in a world after the coronavirus [Yahoo! Finance News]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Thecoronavirus pandemicThe First TradeJefferiessurveyedUBERLYFT“The sharing economy, I think that’s all up for grabs, in terms of a question mark around, is that really what people want to be doing going forward?” Powell said. “They want to travel in their own cars rather than in a shared car.”A protester wears a face mask and gloves as Uber and Lyft drivers with Rideshare Drivers United and the Transport Workers Union of America conduct a ‘caravan protest’ outside the California Labor Commissioner’s office amidst the coronavirus pandemic on April 16, 2020 in Los Angeles, California. Photo by Mario Tama/Getty Images)Uber and Lyft could face challenges because we’ll likely be social distancing for quite some time – and consumers could be more likely to continue staying at home since the virus could come in multiple waves, Powell noted. “People aren’t necessarily going to go back to the way they were,” Powell said. “Transport is going to definitely suffer.”While Uber and Lyft could see Show less Read more
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