16.08.2023 technical analysis for VFS
VinFast Auto Ltd. Ordinary Shares (VFS)
- VinFast surges 255% on first day of US trading.
- Vietnam’s richest man just added a cool $39 billion to his net worth. VinFast Auto Chairman Pham Nhat Vuong’s fortune soared after the company’s first day in the public markets saw shares surge 255%, pushing the company’s market capitalization above that of industry giants General Motors and Mercedes-Benz. The fortune of Vietnam’s richest man now stands at $44.3 billion, according to the Bloomberg Billionaires Index. VinFast scrapped plans for a normal IPO and opted for a SPAC listing after investor appetite for money-losing startups waned. Other recent SPAC deals have posted initial eye-popping gains as traders look to make a quick profit, meaning the jump in Vuong’s fortune may be short-lived.
-- Bloomberg
- VinFast surges 255% on first day of US trading.
- Vietnam’s richest man just added a cool $39 billion to his net worth. VinFast Auto Chairman Pham Nhat Vuong’s fortune soared after the company’s first day in the public markets saw shares surge 255%, pushing the company’s market capitalization above that of industry giants General Motors and Mercedes-Benz. The fortune of Vietnam’s richest man now stands at $44.3 billion, according to the Bloomberg Billionaires Index. VinFast scrapped plans for a normal IPO and opted for a SPAC listing after investor appetite for money-losing startups waned. Other recent SPAC deals have posted initial eye-popping gains as traders look to make a quick profit, meaning the jump in Vuong’s fortune may be short-lived.
-- Bloomberg
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.