US stock futures trade lower, investors focus on PENG, RXST, SAR earnings, RIVN's public offering, and EPAC's expected earnings. Check premarket coverage.

Rivian stock is soaring this year and is up by nearly 50% from its lowest point this year, with analysts predicting more upside ahead.

17:23 EDT Rivian (RIVN) down 8% at $18.60 after announcing 75M share equity offering4th of July Sale - 70% Off Unlock powerful investing tools ...