I feel compelled to pick on VinFast (VFS) a bit more, since they pulled an absolutely goofy stunt back in August when they first came public. As you may recall, they released like 1% of their float into the public market, meaning that even a small amount of meme-driven buying sent the stock soaring. Ridiculously, this pipsqueak Vietnamese maker of poorly-rated electric cars had, in August, a market cap greater than GM and Ford combined, times TWO, and then some! This is truly one for the hall of shame…….
