Why These Energy Stocks Are Gaining This Week

2. Energy Vault Holdings, Inc. (NYSE:NRGV)

Share Price Gains Between Sep 16 – July 23: 40.71%

Next on our list of Energy Stocks that Gained the Most this Week is Energy Vault Holdings, Inc. (NYSE:NRGV), which develops and deploys utility-scale energy storage solutions in the United States, Australia, and internationally.

Energy Vault Holdings, Inc. (NYSE:NRGV) shot up after a string of notable purchases of the company’s stock by CEO Robert Piconi, reflecting the chief executive’s confidence in the company’s future success. Moreover, Energy Vault Holdings, Inc. (NYSE:NRGV) Director Larry Paulson also acquired 20,000 shares of the company’s stock, valued at $47,800.

Following the recent rally, Energy Vault Holdings, Inc. (NYSE:NRGV) has gained more than 98% over the last month.