HANOI, Aug 15 (Reuters) - Shares in Vietnamese electric vehicle maker VinFast (VFS.O) surged on their Nasdaq debut on Tuesday amid limited trading after the company closed its merger with a special purpose acquisition company (SPAC) in Asia's biggest M&A deal this year. The stock opened at $22, more than double the last close for VinFast's SPAC partner Black Spade Acquisition (BSAQ.A). The deal had valued VinFast at $23 billion. At one point on Tuesday morning, the stock traded as high as $24, which would have valued the EV start-up, which has not posted a profit, at $55 billion, more than Ford's (F.N) market capitalization at $48 billion. However, the volume of trading was negligible, with only 0.07% of shares changing hand in the first hour after the listing. VinFast's founder, Viet
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$Tesla Motors(TSLA)$With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Li Auto Inc. to report a quarterly loss at $0.06 per share on revenue of $1.12 billion before the opening bell. Li Auto shares fell 2% to $31.85 in premarket trading Monday.Best Buy Co Inc is slashing store jobs to lower costs as the spending habits of customers change, the Wall Street Journal reported. Best Buy shares gained 1.6% to $81.57 in the after-hours trading session Friday.Analysts are expecting Tencent Music Entertainment Group to have earned $0.07 per share on revenue of $1.23 billion for the latest quarter. The company will release earnings after the markets close. Tenc
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Vietnamese EV maker VinFast's shares surge in Nasdaq debut
Vietnamese EV maker VinFast's shares surge in Nasdaq debut
$VinFast Auto(VFS)$ They are doing really good in Vietnam tho. 👍
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[哟哟] ikun//@Tiger_Newspress:VinFast stock continues to fly 21.51% higher in morning trading on Monday. VinFast shares were up 40.4% to $68.77 on Friday.The unbelievable run for shares of Vietnamese electric-vehicle maker VinFast Auto makes it the second-most valuable car stock on the planet, behind only Tesla.It is also the most valuable EV start-up ever. Management might want to consider taking advantge of the high price.VinFast shares are also worth more than Porsche (P911. Germany), which is worth about $100 billion. It is comfortably ahead of the second-largest maker of battery-electric vehicles, or BEVs, on the planet, BYD (1211. Hong Kong), which is worth about $92 billion.Only Tesla (TSLA), the largest prod
@Tiger_Newspress:VinFast Stock Continues to Fly 21% Higher Premarket After a 40% Rally Last Friday
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@Chris23:Coinbase: Should have seen this coming
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