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The Vietnamese automaker's stock keeps crashing. Is VFS stock a buy now?
VinFast Auto was worth close to $190 billion in August, making it the third most valuable carmaker in the world. Since then, VFS stock is down 92% and there might be more pain on the horizon. In this video, I go over the company's latest earnings report and recent announcements it made.
*Stock prices used were from the trading day of Oct. 17, 2023. The video was published on Oct. 17, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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