Rivian Is Recalling 35,000 EVs. Investors Are Fine With That.

Take Rivian Its shares were down 0.2% at $17.20 in premarket trading, while and futures were 0.2% and 0.3% lower, respectively. Investors might have expected the stock to slide because the National Highway Traffic Safety Administration, or NHTSA, recently posted a recall notice. Rivian will fix the issue with an over-the-air software update and inspect the parts free of charge.