VinFast Auto (NASDAQ:VFSWW) Stock Price Down 5% – Here’s What Happened

Shares of VinFast Auto Ltd. (NASDAQ:VFSWWGet Free Report) traded down 5% during mid-day trading on Thursday . The company traded as low as $0.38 and last traded at $0.38. 694 shares changed hands during trading, a decline of 97% from the average session volume of 20,341 shares. The stock had previously closed at $0.40.

VinFast Auto Price Performance

The company’s 50-day moving average is $0.39 and its 200 day moving average is $0.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VinFast Auto stock. Wolverine Asset Management LLC purchased a new stake in shares of VinFast Auto Ltd. (NASDAQ:VFSWWFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 56,765 shares of the company’s stock, valued at approximately $28,000.

VinFast Auto Company Profile

(Get Free Report)

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.

See Also

Receive News & Ratings for VinFast Auto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VinFast Auto and related companies with MarketBeat.com's FREE daily email newsletter.