VinFast Auto Stock Is Down 92%. Is VFS Stock a Buy Now?
VinFast Auto stock has been stealing the show these past few weeks. The company was worth close to $190 billion at the start of the week, 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 explain why this stock has soared, why it is crashing, and why I'm not touching it.
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Visit https://fool.com/couchinvestor to get access to my special offer. The Motley Fool Stock Advisor returns are 473% as of 10/10/2023 and measured against the S&P 500 returns of 126% as of 10/10/2023. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
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Don't forget to do your own research before buying into a stock!
DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. #vinfast #investing #stockmarket
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