VinFast shares are trading higher following a Reuters report suggesting SGI, which supplies magnets to VinFast, is investing $80 million in its new Vietnam factory with production starting in 2024.
Portfolio Pulse from Benzinga Newsdesk
VinFast Auto shares are experiencing increased trading activity following the company's recent debut on the Nasdaq exchange.
August 22, 2023 | 3:00 pm
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NEUTRAL IMPACT
VinFast Auto's recent Nasdaq debut has led to increased trading activity and volatility in its shares.
The recent Nasdaq debut of VinFast Auto has attracted increased attention from investors, leading to higher trading volumes and volatility. This could potentially impact the stock's short-term price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100