Aeva Technologies, Inc. is trading 7.5% up at $24.73 as shares rebound from a sharp selloff triggered by a $115 million follow-on stock offering.

  • The stock is stabilizing after last week's dilution concerns, with the recent offering priced at $22.25 per share.
  • The recovery coincides with a broader rally in growth and technology stocks as major U.S. indices trend higher.
  • Market sentiment suggests investors are bottom-fishing following the capital raise amid improving macro conditions.