Nio stock slips on convertible bond offer and other shares on the move

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Nio stock slips on convertible bond offer and other shares on the move
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Nio, ARM Holdings and Avinger were active.

Avinger shares AVGR, +46.80% rallied 11% after surging 47% on Monday, on the launch of an image-guided catheter-based system for the diagnosis and treatment of vascular disease.ARM Holdings ARM, -4.53% stock fell 2%, extending its declines since its well-received initial public offering last week.

Stitch Fix Inc. shares SFIX, -5.57% fell after the online styling service late Monday forecast falling sales, and announced plans to exit its business in the U.K. Nio Inc.‘s U.S.-listed shares NIO, -1.15% were dropping 4% after the company announced a proposed $1 billion convertible offering.

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