Uber, Lyft and DoorDash stocks plunge after Biden’s labor secretary says ‘in a lot of cases, gig workers should be classified as employees’
April 29, 2021 at 12:56 PM EDT
Shares of Uber Technologies Inc., Lyft Inc. and other "gig-work" companies dropped sharply Thursday after U.S. Labor Secretary Marty Walsh said most gig workers should be classified as employees.