STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - VinFast's shares more than doubled on Tuesday to the highest since Vietnamese electric vehicle maker's blowout Wall Street debut after Reuters reported that South Korea's Star Group Industrial plans to open factory in Vietnam.
Last Tuesday, the cash-burning company soared as it started trading on the U.S. stock market with an opening price of $22 following its tie-up with SPAC partner Black Spade Acquisition. The stock was the second highest on trading website Stocktwits"Trending" list on Tuesday, suggesting it has attracted the interest of individual investors.
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