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0.000924641701340629 0.00554785020804439 0.0127369394359684 0.00208044382801652 0.000901525658807164 0.00554785020804439 0.021729079981507 0.0303744798890428
Stock impact report

Why VinFast Auto Stock Jumped Today [Yahoo! Finance]

VinFast Auto Ltd. (VFS) 
Company Research Source: Yahoo! Finance
But the Vietnamese electric vehicle (EV) maker didn't start accepting orders for the compact SUV until last week. And initial interest looks to be huge. After reports that it received deposits for nearly 30,000 of the new EV model in under 72 hours, shares jumped as much as 15% today. While the stock has since given up some of those gains, it was still trading higher by 5.5% as of 12:55 p.m. ET on Thursday. That added to gains earlier this week for a total jump of almost 50%. But investors should temper any excitement. An EV for under $10,000 Don't confuse today's move with the move earlier this week. This week's market trading saw a revival in meme stock mania . And VinFast's shares jumped along with other stocks that have high short interest . About 15% of the company's share float was held by short-sellers as of the end of April, according to MarketWatch. Today, though, investors were cheering the large amount of interest in VinFast's low-priced SUV. But even that should be Show less Read more
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