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NIO Inc (NYSE: NIO) shares are moving lower Tuesday after the company announced a proposed offering.
What Happened: After the close on Monday, Nio proposed an offering of $500 million in convertible senior notes due 2029 and $500 million in convertible senior notes due 2030.
The company said it intends to grant the initial ...
| Company Name: | NIO Inc. American depositary shares each representing one Class A |
| Stock Symbol: | NIO |
| Market: | NYSE |
| Website: | nio.com |
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