Uber's Union Deal: A Wall Street Wobble?

Uber's stock dipped after California ride-share drivers gained the right to unionize, sparking Wall Street worries about rising labor costs. Despite the drop, Uber shares are still up nearly fifty percent this year, boosted by a billionaire investor's confidence and the company's profitability turnaround. Is this a temporary setback or a sign of bigger changes ahead for the gig economy giant? Hosted on Acast. See acast.com/privacy for more information.