Vinfast stock price moved up 3

VinFast stock price moved up 3.4% to $5.45 following upbeat industry research on global EV adoption rates. Long-term projections favor continued growth if VinFast sustains innovation pace. This week the company said it only generated about $300 million in revenue in the first quarter and it reported a higher loss than expected. While BTIG is one of only four analyst firms that cover VinFast, the expectation was for revenue of more than $400 million. We recently published a list of EV Penny Stocks List: From $10 to Under $1 . In this article, we are going to take a look at where VinFast Auto Ltd. (NASDAQ:VFS) stands against other EV penny stocks. VinFast stock price increased 2.5% to $5.41 after reports of improved supply chain efficiency. Analysts project reduced production bottlenecks could enhance profit margins this year.