Transportation Network Companies Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
GRAB | B | Grab Holdings Limited | -0.25 | |
UBER | C | Uber Technologies, Inc. | 1.67 | |
LYFT | C | Lyft, Inc. | 3.93 |
Related Industries: Software - Application
Related ETFs - A few ETFs which own one or more of the above listed Transportation Network Companies stocks.
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
IYT | B | iShares Transportation AverageETF | 19.52 | |
RVER | A | Advisor Managed Portfolios Trenchless Fund ETF | 16.84 | |
FLYU | A | Bank of Montreal MicroSectors Travel 3x Leveraged ETN | 16.4 | |
FLYD | F | Bank of Montreal MicroSectors Travel -3x Inverse Leveraged ETN | 16.4 | |
TPOR | B | Direxion Daily Transportation Bull 3X Shares | 14.31 |
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Related Industries:
Software - Application
- Transportation Network Companies
A ridesharing company (also known as a transportation network company, ride-hailing service, app-taxi, e-taxi, or a mobility service provider) is a company that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxicabs, cannot legally be hailed from the street.
The legality of ridesharing companies by jurisdiction varies; in some areas they have been banned and are considered to be illegal taxicab operations. Regulations can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage.
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