February 23, 2024
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Energy Vault shows symptoms of SPAC hangover


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.…


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