VinFast shares have slid well under $22 IPO price
VinFast Auto Ltd. shares rose more than 2% on Thursday after the Vietnam-based EV maker reported third-quarter revenue that more than doubled from a year ago.
In a separate release later Thursday, the company said its total sales rose to VND8,254,306 million , 159% higher than the third quarter of 2022. Revenue was mostly from EV sales, the maker said. VinFast also makes electric scooters. FactSet does not compile analyst estimates for VinFast. The quarterly report shows unaudited results, VinFast said.
Shares of VinFast soared in their Nasdaq debut, boosting the company’s valuation well above U.S. automakers such as Ford Motor Co. F, -0.71% and General Motors Co GM, -2.67%.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
VinFast and Polestar Both Released Deliveries. Just One Stock Is Rising.Electric-vehicle start-ups VinFast and Polestar reported third-quarter delivery figures. VinFast delivered fewer cars but the stock is up more.
Weiterlesen »
Vietnamese EV maker VinFast's third-quarter revenue more than doublesVietnamese EV maker VinFast's third-quarter revenue more than doubles
Weiterlesen »
VinFast's stock rallies after EV deliveries top 10,000 in Q3E-scooter deliveries more than doubled from a year ago to 28,220
Weiterlesen »
EV Stock VinFast Gets More Love Than Polestar. Here's Why.Electric-vehicle start-ups VinFast and Polestar reported third-quarter delivery figures. VinFast delivered fewer cars but the stock is up more.
Weiterlesen »
Stock Market News Today: Dow Falls 500 Points; Meta, VinFast Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Weiterlesen »