Why VinFast Auto Stock Crashed 12% Today
The Motley Fool
SEPTEMBER 27, 2023
What happened Shares of VinFast Auto (NASDAQ: VFS) stock collapsed in Wednesday afternoon trading, tumbling 12.4% through 1:55 p.m. ET. It's not a great secret why: VinFast insiders may be dumping the stock. So what Easily the world's most famous Vietnamese carmaker after going public in a SPAC IPO last month, VinFast has been pretty volatile since its debut, and today isn't going to change that story much.
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