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Why Rivian Stock Jumped Today

TheMotleyFool

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Shares of Rivian Automotive (NASDAQ: RIVN) rose 5.8% on Tuesday, furthering the electric-vehicle (EV) maker's rebound off its recent lows.

After sinking to a low of $50 in late January, Rivian's stock has rallied more than 30%. The sharp upward move has gained steam this week after securities filings showed that several major investors took stakes in the EV company.

Image source: Getty Images.

Source Fool.com

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