China's Xpeng surges 67% on U.S. debut, raises $1.5 billion in IPO
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
NIO Inc. (NIO) Announces Proposed 75M ADS Offering
August 28, 2020 5:37 AM EDTNIO Inc. (NYSE: NIO) today announced the commencement of the offering of 75,000,000 American depositary shares (the ADSs), each representing one Class A ordinary share of the Company (the ADS Offering). The Company intends to grant the underwriters in the ADS Offering a 30-day option to purchase up to an additional 11,250,000 ADSs.
Morgan Stanley & Co. LLC, China International Capital Corporation Hong Kong Securities Limited and... More