Previous close | 8.59 |
Open | 8.60 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 150.00 |
Expiry date | 2024-09-20 |
Day's range | 7.90 - 8.75 |
Contract range | N/A |
Volume | |
Open interest | 35.28k |
Most Mag 7 stocks impressed markets. Find out who the outlier is
Determining exactly why VinFast stock made that massive jump isn’t easy. GameStop and AMC Entertainment shares rose about 74% and 78%, respectively. VinFast, GameStop and AMC shares are all heavily shorted, meaning a significant portion of their shares available for trading has been borrowed and sold by bearish investors betting on stock price declines.
For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less safe as price wars erupt.