(Reuters) - Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) are preparing to suspend ride-hailing services in California, barring an appeals court ruling overturning an order to treat their drivers as employees and not independent contractors.

Lyft in a blog post on Thursday said it would suspend its California operations at midnight. (lft.to/31eQRur)

Uber, in a separate blog post on Tuesday, said it would have to temporarily shut down unless the appeals court intervenes. The company did not respond to requests for comment Thursday on whether it would also shut down at midnight.

Lyft shares dropped more than 6%, but later pared losses and were down 0.6% to $27.96 in afternoon trading. Uber shares were up 2.2% to $30.07.

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