What's Going On With VinFast Auto Shares Today?
Portfolio Pulse from Nabaparna Bhattacharya
VinFast Auto Ltd. (NASDAQ:VFS) shares are trading higher in the premarket session after the company debuted its first VF e34 C-SUVs at the Gaikindo Indonesia International Auto Show (GIIAS) 2024. The event marks a significant milestone as the company delivered the vehicles to pioneering customers in Indonesia. The VF e34 features modern design and advanced technology, with flexible sales policies including battery subscription options. VFS shares are up 3.08% to $4.69 premarket.
July 19, 2024 | 12:09 pm
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VinFast Auto Ltd. (NASDAQ: VFS) shares are trading higher in the premarket session after the company debuted its first VF e34 C-SUVs at the Gaikindo Indonesia International Auto Show (GIIAS) 2024. The event marks a significant milestone as the company delivered the vehicles to pioneering customers in Indonesia. The VF e34 features modern design and advanced technology, with flexible sales policies including battery subscription options. VFS shares are up 3.08% to $4.69 premarket.
The debut of the VF e34 C-SUVs at a major auto show and the delivery to customers in a new market (Indonesia) is a significant milestone for VinFast. This positive development is likely to boost investor sentiment and drive the stock price higher in the short term.
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