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VFS / VinFast: Sell The Hype

VinFast: Sell The Hype
VinFast Auto's shares surged 255% on their first day of trading on the NASDAQ before dropping 19% yesterday. The Vietnamese EV maker now has an unsustainable market cap, in my opinion. VinFast Auto has delivered almost 19,000 electric vehicles so far and aims to deliver up to 50,000 EVs in FY 2023, with plans for international expansion. Read More
Posted: Aug 18 2023, 09:59
Author Name: Seeking Alpha
Views: 110526

VFS News  

VinFast stock down 75% since IPO

By Yahoo Finance
October 24, 2023

VinFast stock down 75% since IPO

Shares of Vietnamese EV maker VinFast (VFS) have plunged over 75% since its public debut in August. With pledges from multiple countries to reduce or more_horizontal

VinFast Auto (VFS) Stock Just Hit a New 52-Week Low

By InvestorPlace
October 23, 2023

VinFast Auto (VFS) Stock Just Hit a New 52-Week Low

Shares of Vietnamese electric vehicle (EV) manufacturer VinFast (NASDAQ: VFS ) stumbled to a fresh 52-week low amid severe viability concerns. While t more_horizontal

Why VinFast Auto Stock Crashed 11% Today

By The Motley Fool
October 23, 2023

Why VinFast Auto Stock Crashed 11% Today

VinFast Auto is selling stock to an underwriter, which plans to resell it. As many as 100.8 million new shares could soon begin trading. more_horizontal

Why VinFast Auto Stock Plunged More Than 30% to an All-Time Low This Week

By The Motley Fool
October 20, 2023

Why VinFast Auto Stock Plunged More Than 30% to an All-Time Low This Week

VinFast Auto's low free float had already made it a highly volatile stock. The electric vehicle maker has been raising more money to fund its operatio more_horizontal

VFS Stock Alert: VinFast Announces $1 Billion Share Deal With Yorkville

By InvestorPlace
October 20, 2023

VFS Stock Alert: VinFast Announces $1 Billion Share Deal With Yorkville

VinFast (NASDAQ: VFS ) stock is on the move Friday after the electric vehicle (EV) company announced a massive $1 billion share deal with Yorkville. A more_horizontal

VinFast Stock's Wild Ride Continues After $1 Billion Funding Deal

By Barrons
October 20, 2023

EV maker VinFast's stock bounces off record low after equity funding agreement of up to $1 billion

By Market Watch
October 20, 2023

EV maker VinFast's stock bounces off record low after equity funding agreement of up to $1 billion

Shares of VinFast Auto Ltd. VFS, -4.69% bounced 1.8% in premarket trading Friday, after the Vietnam-based electric vehicle maker announced a equity-fu more_horizontal

EV maker VinFast strikes shares deal with Yorkville for up to $1.0 bln

By Reuters
October 20, 2023

EV maker VinFast strikes shares deal with Yorkville for up to $1.0 bln

Vietnamese electric vehicle (EV) maker VinFast said on Friday it has entered into a share subscription of up to $1 billion with U.S.-based fund Yorkvi more_horizontal


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