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

Watching the trading of Vietnamese EV start-up VinFast Auto is like a graduate-level course in the stock market, presenting lessons it typically takes seasoned traders years to learn.

The first lesson is that any day’s move is basically a coin flip. VinFast stock has risen seven times and fallen five times. If investors look back to when the SPAC merger was approved, triggering a surge in volatility, the totals are eight rises and seven falls. The SPAC merger valued VinFast at about $23 billion, which is more than Rivian Automotive ‘s market capitalization. Rivian delivers more cars than VinFast, but $23 billion is in the EV start-up ballpark and is the level where VinFast and a group of investors felt good about a deal. At its intraday peak of $93 a share, VinFast stock was worth about $215 billion, closer to Toyota Motor than Rivian.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

10 growth stocks that are trading at bargain prices, including Delta and Cheniere EnergyThese stocks trade at low P/E ratios, pass FTSE Russell's growth screens and are favored by analysts.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »