Time to Short Energy Vault (NRGV) Stock?

Usually rocketing stocks of premarket tend to tumble during open market. So, within two hours before the market opened Energy Vault (NRGV) shares jumped 82% on 5.40 million shares when major stocks are expected to fall due to tensions between Ukraine and Russia. Right now NRGV is traded at $16.62 after it jumps 53% from $11.10 of the previous close.

Perhaps, before the market closes the stock will go down to $13.50. Normally, experienced day traders quit their positions and start buying other stocks with impressive news that might push the share value to new highs. For example, Inspirato shares are falling now after having a lightning jump yesterday. So, selling off NRGV shares today could save you from significant loss.