Waton Financial Ltd's (NASDAQ:WTF) Quiet Period Will Expire on May 12th

Waton Financial's (NASDAQ:WTF - Get Free Report) quiet period will expire on Monday, May 12th. Waton Financial had issued 4,375,000 shares in its IPO on April 1st. The total size of the offering was $17,500,000 based on an initial share price of $4.00. During the company's quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.Get Waton Financial alerts:Waton Financial Stock PerformanceThe top-rated strong-buy stocks on Marketbeat’s radarWTF stock opened at $6.32 on Monday. Waton Financial has a 12 month low of $4.05 and a 12 month high of $19.85. Waton Financial Company Profile (Get Free Report)Waton Financial Ltd. is a holding company, which engages in the provision of securities brokerage and financial technology services. It is also involved in software licensing and related support services including the licensing of trading platform app, upgrades and enhancements, maintenance, and other related services to financial institutions.Further ReadingFive stocks we like better than Waton FinancialWhy Invest in 5G? How to Invest in 5G Stocks Western Digital: Is the Storage Sector Set for a Rebound?Overbought Stocks Explained: Should You Trade Them?Wingstop Stock Jumps on Q1 Beat, Expansion OutlookInvesting in Construction StocksWhy Energy Stocks Like Exxon and Hess Are Back in FocusThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Waton Financial Right Now?Before you consider Waton Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Waton Financial wasn't on the list.While Waton Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here