Nio bond offering, Block exec. changeup, Volkswagen stock: Top Stocks▼

Business

Published 9d ago

<p>Stocks are trading in the red ahead of Instacart&#39;s (<a data-i13n="cpos:1;pos:1" href="https://finance.yahoo.com/quote/CART?p=CART&.tsrc=fin-srch">CART</a>) IPO debut and the Federal Reserve&#39;s rate hike decision this week.</p><p>Nio (<a data-i13n="cpos:2;pos:1" href="https://finance.yahoo.com/quote/NIO?p=NIO&.tsrc=fin-srch">NIO</a>) shares fall as the company announced a $1 billion convertible bond offering, which will be partly used to repurchase some existing debt securities. Block (<a data-i13n="cpos:3;pos:1" href="https://finance.yahoo.com/quote/SQ?p=SQ&.tsrc=fin-srch">SQ</a>) shares are down as the CEO of the Square payments platform Alyssa Henry will be stepping down from her role on October 2 with Co-Founder Jack Dorsey to take over her responsibilities for the interim. Volkswagen (<a data-i13n="cpos:4;pos:1" href="https://finance.yahoo.com/quote/VWAGY?p=VWAGY&.tsrc=fin-srch">VWAGY</a>) shares react to the ongoing challenges this year amid the slowing German economy and the speculated trade war between China and the European Union.</p><p>Yahoo Finance Live takes a look at some of the day&#39;s trending tickers.</p><p>For more expert insight and the latest market action, <a data-i13n="cpos:5;pos:1" href="https://finance.yahoo.com/video/yahoo-finance-live-sept-19-121812104.html">click here</a> to watch this full episode of Yahoo Finance Live.</p> Source