Top reasons why VinFast stock plunged below August IPO price

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Shares of electric vehicle maker VinFast Auto (VFS) have plunged below their initial valuation since its SPAC merger with Black Spade Acquisition Co. The EV ...

) have plunged below their initial valuation since its SPAC merger with Black Spade Acquisition Co. The EV maker debuted on the Nasdaq stock got severely beaten down in the March 2020 COVID crash. Here's why it's probably not going lower. The post 1 TSX Stock Down 60% That Could Bounce Back Stronger appeared first on The Motley Fool Canada.I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.

An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.These blue-chip stocks may be down, but don't count them out -- especially since they have a secure path back to growth in the near future. The post These Stocks Provide a Once-in-a-Decade Chance to Get Rich appeared first on The Motley Fool Canada.

The S&P 500 is poised for a 14% rally as stocks are flashing signs of being oversold, strategist says

 

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