Energy Vault Holdings is trading 5.2% down now at $3.62 amid a broad market retreat, with rising Treasury yields and oil prices pressuring growth-oriented assets.
- Nasdaq Composite is down 1.27%; S&P 500 is down 0.59%.
- Reuters reported the 30-year Treasury yield reached its highest level since 2007 as U.S.-Iran tensions increased inflation concerns.
- August 7 strategic agreement and August 11 earnings coverage was positive but stale; no August 18 company announcement or explicit link to the decline was identified.