What's Going On With Rivian (RIVN) Stock

Rivian Automotive Inc RIVN shares are trading higher by 5.46% to $14.20 Monday afternoon amid strength in growth stocks and hopes of a debt ceiling resolution. The company also announced this weekend that its all-electric service vans will hit the roads in the coming weeks.

So What Happening?

There will be more than 200 Rivian Service Vans (RSV) by year-end, the company said in a statement. These vans will meet the service needs of over 35,000 Rivian vehicles.

Services provided by the vans will include maintenance, repair, and vehicle-to-vehicle charging, among others. The vehicles are equipped with a wheel balancer, automated tire changer, air compressor, hydraulic jack and stands, 240V outlet to enable vehicle-to-vehicle charging and other tools and parts...Read More

According to data from Benzinga Pro, RIVN has a 52-week high of $40.86 and a 52-week low of $11.68.