California app-based drivers to remain as contractors after state supreme court upholds Prop 22 [CBS News]
DoorDash, Inc. (DASH)
Company Research
Source: CBS News
Prop 22 passed with 58% support in 2022, which gave app-based gig workers some benefits, such as guaranteed minimum wage and subsidies for health insurance if they average 25 hours of work a week. DoorDash, Lyft, Uber and other app-based companies spent $200 million in support of it while labor unions spent about $20 million to oppose the measure, marking the in state history. A claimed the proposition was unconstitutional because it limits the power of state legislature to grant workers the right to organize and excludes drivers from eligibility for workers' compensation. Opponents also accused gig companies of buying their own law as it was written by Uber and Lyft and supported by DoorDash, Postmates and Instacart. In May, dozens of ride-share and delivery drivers ahead of oral arguments. UC Berkeley's Labor Center released a new study looking at the average income of gig-drivers in five major US cities, finding drivers on average are paid less than minimum wage after ex
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News
- Sift Now Integrates with Ping Identity's PingOne DaVinci to Prevent Account Takeover and Streamline Logins [Yahoo! Finance]Yahoo! Finance
- DoorDash, Inc. (NASDAQ: DASH) had its price target raised by analysts at Benchmark Co. from $152.00 to $173.00. They now have a "buy" rating on the stock.MarketBeat
- Thieves disguised as gardeners steal $10,000 and guns from Upland home [CBS News]CBS News
- 12 Best Digital Gift Cards to Spend on Food and Drinks in 2024 [CNET News]CNET News
- How DoorDash is Shaping the Future of Local Commerce [Yahoo! Finance]Yahoo! Finance
DASH
Earnings
- 8/1/24 - Miss
DASH
Sec Filings
- 10/17/24 - Form 4
- 10/17/24 - Form 4
- 10/16/24 - Form 4
- DASH's page on the SEC website