Linton organized a sting operation earlier this year by hiring an Uber vehicle and then fining the driver for multiple violations, including not disclosing an hourly rate before the ride starts as the law requires.
But when an economy experiences a significant increase in the rate of inflation, it nearly always ends up with an unemployment rate that goes along for the ride.
While the stock could continue its roller coaster ride given the concerns of iPhone supply, gross margins and tax gain selling to capture a lower capital gain tax rate before year end I believe that the shares will rebound when investors focus on holiday sales.