SunScout (SNSC) priced an initial public offering of 3.1 million Class A ordinary shares at $5 each, raising $15.5 million in gross proceeds, the company said Wednesday.

Shares sank 23%, with intraday trading volume at over 1.42 million.

Fervo Energy's (FRVO) shares slumped 15% after the company reported a narrower Q2 net loss on Wednesday.

Over 4.07 million shares traded intraday versus a daily average of roughly 3.79 million.

Snail (SNAL) shares sank 24% after Q2 financial results showed a year-over-year decline in net revenue.

More than 507,000 shares of the company traded intraday compared with a daily average of about 1.50 million.

Price: 3.29, Change: -1.11, Percent Change: -25.23