Streetbeat News

VFS

VinFast Auto Ltd.

Industry

Auto - Manufacturers

VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam and the United States. The company operates through Automobiles, E-scooter, Spare Parts, and Aftermarket Services segments. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters. The Spare Parts, and Aftermarket Services segment engages in sale of spare parts and aftermarket services for automobiles and e-scooters. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. The company operates as a subsidiary of Vingroup Joint Stock Company.

Open

3.90

Mkt cap

9.4B

Volume

1.1M

High

4.10

P/E Ratio

-3.78

52-wk high

9.30

Low

3.80

Div yield

N/A

52-wk low

2.25

VinFast Auto (NASDAQ:VFS), the electric vehicle manufacturer from Vietnam, has seen significant volatility in its stock price, with average swings of 22% and no clear triggers. Despite providing full-year delivery guidance for 2023, the stock has dropped about 52% since then. The company's market capitalization is currently around $19 billion, lower than Rivian Automotive's (NASDAQ:RIVN) market cap of about $21 billion.

Portfolio Pulse from Benzinga Neuro

October 05, 2023 | 7:14 am

VinFast Auto shares are experiencing continued volatility following the company's Nasdaq debut in August.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 5:58 pm

The article reports on the options activity of 10 consumer discretionary stocks. The stocks mentioned are Tesla (TSLA), DraftKings (DKNG), Carvana (CVNA), Toyota Motor (TM), KB Home (KBH), Lucid Group (LCID), V.F. Corporation (VFS), Mattel (MAT), Home Depot (HD), and Wayfair (W). The article provides detailed information about the options activity for each stock, including the type of option (put or call), the sentiment (bearish or bullish), the expiration date, the strike price, the total trade price, the open interest, and the volume.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:35 pm

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included Lulus Fashion Lounge (LVLU), Beachbody Co (BODY), Fitell (FTEL), and Singing Machine Co (MICS). Losers included Dixie Gr (DXYN), Connexa Sports Techs (CNXA), VinFast Auto (VFS), Esports Entertainment (GMBL), MEDIROM Healthcare Techs (MRM), and Volcon (VLCN).

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 5:31 pm

Shares of VinFast Auto Ltd. (NASDAQ:VFS) are trading lower as EV stocks are down following Tesla (NASDAQ:TSLA) and Rivian (NASDAQ:RIVN) announcing their Q3 production and delivery figures. Tesla's production and deliveries were down from Q2, while Rivian's were in line with expectations. VFS shares have fallen nearly 70% over the last month.

Portfolio Pulse from Erica Kollmann

October 03, 2023 | 2:38 pm

Shares of electric vehicle (EV) stocks traded lower following the announcement of Q3 delivery and production figures by Tesla and Rivian. The article does not provide specific details about the figures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:02 pm

Shares of VinFast Auto Ltd. (NASDAQ:VFS) dropped on Monday due to several factors. The stock has been volatile since its debut on Nasdaq in mid-August. The majority of shares are held by only three companies, which has contributed to the stock's decline. The company's second-quarter financial results also led to a decrease in share price. However, a recent report suggesting the company's plan to set up a manufacturing plant in India boosted the stock last Thursday, but the selloff resumed on Monday, with shares trading lower by over 21%.

Portfolio Pulse from Ryan Gustafson

October 02, 2023 | 7:48 pm

During Monday's intraday session, several consumer discretionary stocks experienced significant movements. Mondee Hldgs, Alliance Entertainment, Studio City Intl Hldgs, Vince Holding, Educational Development, and Jowell Global saw increases in their stock prices. On the other hand, SIGNA Sports United, Aramark, VinFast Auto, Volcon, Esports Entertainment, and Gravitas Education Hldgs experienced decreases.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:31 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Among the gainers, AERWINS Technologies Inc. (NASDAQ:AWIN) shares climbed 86.1% after the company said it is considering strategic alternatives for its non-core operations. Among the losers, SmileDirectClub, Inc. (NASDAQ:SDC) shares dipped 62% after the company filed for Chapter 11 bankruptcy.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 5:00 pm

The week ending on Sept. 29 saw mostly positive performance for electric vehicle (EV) stocks, despite a muted broader market. Tesla is preparing for its Q3 deliveries, with estimates adjusted due to production suspensions at its Giga Shanghai and Giga Texas plants. Rivian's CEO dismissed concerns over competition with Tesla's Cybertruck. Lucid Group opened its first international manufacturing plant in Saudi Arabia. Faraday Future's stock plummeted following its proposed stock sale. Nio is rumored to be exploring a partnership with Mercedes-Benz. The KraneShares Electric Vehicles and Future Mobility Index ETF ended the week up 0.73%.

Portfolio Pulse from Shanthi Rexaline

September 30, 2023 | 2:53 pm

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