Energy Vault shows symptoms of SPAC hangover
IN THIS ARTICLE
- Banking & Finance Topic
- Jorge Mercado Author
By Jorge Mercado Friday, July 22nd, 2022
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.…