🔴 Energy Vault Holdings is trading 5% down today as early CFO appointment gains evaporate

Energy Vault Holdings is trading 5% down at $2.73 as an early rebound following the appointment of a new CFO faded into midday weakness.

• The stock initially reacted positively to the hiring of BlackRock veteran Nitin Dahiya as CFO, but the rally proved short-lived.
• Shares have since slipped alongside mixed broader markets and recent profit-taking following a strong performance earlier in July.