08:56 AM EDT, 09/25/2024 (MT Newswires) -- Financial stocks were steady pre-bell Wednesday, with The Financial Select Sector SPDR Fund ( XLF ) unchanged.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was marginally up and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.4%

Rithm Capital ( RITM ) shares were down 4.1% in recent Wednesday premarket activity after the company said overnight it priced a public offering of 30 million common shares for gross proceeds of about $342.9 million.

Japan's Securities and Exchange Surveillance Commission said Wednesday it has recommended a 21.8 million yen ($150,965) penalty on Nomura's (NMR) brokerage unit for allegedly manipulating the government bond futures market. Nomura shares slid 1.8% in premarket activity.

Eightco Holdings ( OCTO ) shares jumped 63% in recent premarket activity Wednesday after the company said it aims to generate revenue of $100 million next year, with a positive EBITDA at the public company level.