A court ruled that Uber and Lyft can classify workers as independent contractors.

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Court Rules Uber, Lyft Can Now Classify Drivers As Contractors

And Uber Lyft can classify their drivers as independent contractors. After all, all started with a 2020 bailout initiative in California where voters approved the measure to allow the companies to consider drivers as contractors. A judge the next year ruling the measure unconstitutional. And Monday, an appeals court overturning the decision. Well, shares up today, both of these stocks higher today as independent contractors on the companies do not have to offer certain benefits to drivers like some overtime or even worker compensation laws. The court's decision also helping lift delivery stocks like doordash. So take a look at those stocks all higher today as well.