Uber, Lyft Drivers Lock Horns With Riders Over Mask Mandate: WSJ

  • A new crisis challenges the ride-sharing companies like Uber Technologies Inc UBER and Lyft Inc LYFT as the states lift mask mandates, the Wall Street Journal reports.
  • The companies require the riders to continue wearing masks. 
  • However, drivers find it challenging to remain masked as the local governments push for a widespread reopening. 
  • The U.S. is gradually lifting the mask mandate for indoors while making it compulsory for shared cabs.
  • The difference of opinion is causing tension between gig workers and passengers.
  • The friction and surging gas prices have discouraged many workers from resuming service, adding to the driver crisis leading to higher fares.
  • Price Action: UBER shares traded lower by 3.72% at $30.33 on the last check Thursday. LYFT shares traded lower by 0.98% at $37.43.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!