VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations
The Truth About Cars
AUGUST 16, 2023
The stock market works in mysterious ways and can make or break companies as they attempt to go public. That rise in valuation makes VinFast more valuable than several legacy automakers, including Ford and BMW. in trading yesterday. Automotive News pointed out that many fizzled out after a few days when the buzz dies down.
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