02:22 PM EDT, 04/02/2025 (MT Newswires) -- Waton Financial ( WTF ) said Wednesday it raised about $20.1 million after closing its initial public offering and the exercise of overallotment option.

Waton shares dropped 63%, with more than 8.7 million shares traded intraday.

Newsmax ( NMAX ) was down 66%, with trading volume surpassing 6.0 million shares after midday, following meteoric gains since Monday's debut on the New York Stock Exchange.

NCino ( NCNO ) said late Tuesday it expects fiscal year 2026 non-GAAP EPS of $0.66 to $0.69 on revenue of $574.5 million to $578.5 million. Analysts surveyed by FactSet forecast EPS of $0.88 on revenue of $612.1 million.

Shares retreated 21% as intraday trading volume surged to over 15.3 million from a daily average of roughly 1.22 million.

Price: 7.24, Change: -12.61, Percent Change: -63.53