Rivian Automotive shares are trading higher Friday as traders weigh the company’s planned stock sale against a generally constructive tape.

Rivian Automotive, Inc. Announces Pricing of Underwritten Public Offering of Common StockRivian Automotive, Inc. (Nasdaq: RIVN) (“Rivian”) today announced the pricing of its…

Shares of Rivian closed around 18% lower at $16.49 on Tuesday. The offering, announced on Monday, comes as Rivian, known for its high-end R1S SUVs and R1T pickups, ramps up…