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VinFast Stock Keeps Tumbling. Why Short Sellers Aren’t Winning Big.

Por: MarketWatch Business September 01, 2023

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Declines leave VinFast’s market capitalization at about $81 billion, making it the fifth most valuable automaker on the planet behind (TSLA), (TM), (P911. Germany) and (1211. Hong Kong). (At $93 a share, VinFast shares were worth some $215 billion.) The rapid decline hasn’t been a boon to short sellers, who bet on stock price declines by borrowing shares they don’t own and selling them, hoping to buy them back later at a lower price. There... + full article



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