Why VinFast Auto Stock Is Plunging Today
The Motley Fool
AUGUST 16, 2023
What happened A day after more than doubling in its market debut, VinFast Auto (NASDAQ: VFS) is giving back some of those gains. Shares of the Vietnamese electric vehicle maker traded down 25% on Wednesday morning as investors continue to sort out what this start-up is really worth. So what VinFast is a small electric vehicle manufacturer with large ambitions.
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