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8 months ago

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Breakingviews - VinFast's volatile stock has an easy, painful fix

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Breakingviews - VinFast's volatile stock has an easy, painful fix

It's time for VinFast Auto to take its valuation out for a proper test drive. On Tuesday the Vietnamese nascent electric-car maker's shares capped a flighty first fortnight as a publicly traded company by tumbling 44%. Yet the unprofitable manufacturer still sports a racy $107 billion market capitalisation courtesy of the previous eightfold rocketing of its stock since its merger with a blank cheque company in mid-August.

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Breakingviews - VinFast's volatile stock has an easy, painful fix

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Breakingviews - VinFast's volatile stock has an easy, painful fix

Rate This Post

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Media:

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Unlocking the Power of Knowledge
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Unlocking the Power of Knowledge
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