Energy Vault shares drop 19% in first day on NYSE
Westlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →
Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing
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Energy Vault prepares to start trading on NYSE
Westlake Village-based Energy Vault will begin trading on the New York Stock Exchange the morning of Feb. 14, the company announced Feb. 11. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, announced plans in September to go public through a merger with Novus Capital Corp. II, a Read More →
Sonos shares up after Q1 earnings report
Santa Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →
Amgen shares jump after company announces buyback plan and long-term projections
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Amgen reports revenue spike from COVID treatment collaboration
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PennyMac reports earnings dip
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