🟢 Aeva Technologies, Inc. is trading 5.2% up today, buoyed by recent Fargo CityOS deal and rebound from equity offering

Aeva Technologies, Inc. is trading 5.2% up today at $24.72, with momentum appearing to be driven by a recent business win and a continued recovery from its early-June equity offering.

• The stock is likely seeing positive sentiment following the June 10 announcement that the City of Fargo selected Aeva's CityOS AI-powered traffic intelligence platform.
• Shares are also extending their rebound from the follow-on equity offering priced at $22.25 per share, which closed around June 5.