April 5, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Current Article

Energy Vault shares down after company reports Q2 loss

IN THIS ARTICLE

Westlake Village-based Energy Vault saw its shares fall another 10% on Aug. 9, one day after the company failed deliver on analysts’ expectations for its second quarter earnings.  Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, reported a net loss of $6.1 million, or 16 cents per…

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.