Previous close | 265.17 |
Open | 268.59 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 450.00 |
Expiry date | 2024-09-20 |
Day's range | 265.17 - 268.59 |
Contract range | N/A |
Volume | |
Open interest | N/A |
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.
GameStop shares continue their surge in May, a report says Arm Holdings seeks to launch its first artificial-intelligence chips next year, and Squarespace is being taken private in a deal valued at $6.9 billion.