Why Rivian Stock Rebounded Today

Shares of Rivian (NASDAQ: RIVN) jumped 12% on Friday following the electric vehicle (EV) maker's inaugural Autonomy & AI Day event.

Image source: Rivian.

Rivian's stock price fell 6% on Thursday after the event concluded. However, investors appeared to have a change of heart after having more time to think about Rivian's announcements.

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Source Fool.com