Topics

Posted 8/24/2023, 5:35:44 PM

Another Surge for VinFast (NASDAQ:VFS) Sends its Market Cap Racing - TipRanks.com

VinFast, a Vietnamese electric vehicle maker, has seen a significant increase in its market cap, surpassing that of major firms such as Walgreens Boots Alliance, Goldman Sachs, and 3M, leading to concerns about its valuation. One factor that may have justified the rising prices is the potential construction of a factory by one of VinFast's key suppliers, Star Group Industrial, which would provide easier access to magnets and facilitate faster production of vehicles. However, there are doubts about the sustainability of VinFast's recent sharp rises in stock prices.

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Relevant topic timeline:

8/16/2023

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Topics

Posted 8/24/2023, 5:35:44 PM

Another Surge for VinFast (NASDAQ:VFS) Sends its Market Cap Racing - TipRanks.com

tipranks.com

Relevant topic timeline:

8/16/2023

EV maker Vinfast still worth more than Ford and GM after stock tanks 19%

8/22/2023

VinFast shares more than double to highest since market debut

8/22/2023

VinFast Stock Soars 109%. It’s a Head-Scratcher.

VinFast Auto stock experiences a 109% surge, attracting traders, but it remains a puzzling phenomenon.

8/24/2023

This little-known EV company has a bigger market cap than Ford or GM

8/29/2023

VinFast Auto plunges 31% on market cap reality check

8/29/2023

VinFast Stock Plunges, Wiping Out $90 Billion in Market Value

Vietnamese EV start-up VinFast's stock plunges, losing $90 billion in market value.

8/29/2023

VinFast (NASDAQ:VFS) Plunges 40% as Investors Wake Up - TipRanks.com

Electric vehicle stock VinFast experienced a steep decline, plunging nearly 40% after a rapid rise that puzzled analysts, highlighting the volatility of the stock.

8/30/2023

VinFast’s Wild Trading Offers 5 Lessons About the Stock Market

VinFast Auto, a Vietnamese EV start-up, offers valuable lessons about the stock market through its wild trading, teaching seasoned traders in just a short period of time.

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VinFast market cap shrinks more than $140 billion in two weeks

Electric-vehicle startup VinFast Auto Ltd. has experienced a significant decline in market capitalization, losing over $140 billion in less than two weeks due to a continuous drop in its stock price.