https://techcrunch.com/2020/11/04/shares-of-uber-lyft-soar-on-expected-passage-of-california-gig-labor-ballot-measure/

Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allow tech-enabled, on-demand companies to continue classifying gig-workers as independent contractors.

Shares of Uber are up 11.88% in pre-market trading, while shares of Lyft — which is more heavily dependant on the U.S. market, and thus California — is up a staggering 14.9% before the market open today.