October 13, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Current Article

Energy Vault shows symptoms of SPAC hangover

IN THIS ARTICLE

Westlake Village-based Energy Vault has seen its shares fall 37% in the last month, a significant drop-off when the major U.S. indices have bounced back from their June lows. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began trading on the New York Stock Exchange on Feb.…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.