Shockingly, VinFast Stock Is Dropping After Skyrocketed To $85 Billion
Earlier this week, VinFast completed its merger with special-purpose acquisition company Black Spade Acquisition, allowing shares to be publicly traded. Between Monday and Tuesday, its stock price jumped to $37.06, an increase of more than 270 percent over the IPO price. That gave VinFast a market cap of more than $85…