Tag Archives: Financial investments

NCino Stock Rockets 150% after the Fintech IPO

Text size Ncino headquarters. Courtesy of nCino. NCino, which provides cloud-based software for financial institutions, experienced more than a 150% increase in its shares on its first day of trading. NCino shares opened at $ 71 and were trading at $ 77.20, a 150% increase in the Nasdaq stock market …

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This is the busiest trade, fund managers say

The logos of the mobile applications Instagram, Snapchat, Twitter, Facebook, Google and Messenger are displayed on a tablet. denis charlet / Agence France-Presse / Getty Images Fund managers say the technology trade has never been so crowded. But that has not prevented them from betting too much on the sector. …

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