Alibaba, Nio stocks fall, Rivian and Nikola shares rally and other stocks on the move

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Here are some of the bigger movers on Tuesday:

Stock gainers:

Shares of Rivian Automotive Inc.
rallied 4% in morning toward a near three-month high, after the electric vehicle maker announced an agreement that will allow drivers of Rivian EVs access to Tesla Inc.’s Supercharger network. Tesla’s stock
rose 1.5%, as Rivian’s announcement follows similar announcements by Ford Motor Co.
and General Motors Co.

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