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LyftLYFTWAITOct 03, 2019Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
It's handling this choppy reopening (i.e. driver shortage) better than Uber. On Friday, a California court just struck down the appeal which states that drivers are freelancers (they are employees, says the judge), so the cost of rides in CA will soar. Despite that, Lyft rebounded today 3% though down more than 15% so far this year. He thinks the stock has bottomed.