Why Investors Were So Cold on nCino Stock This Week
nCino(NCNO) The Motley Fool·2024-08-30 11:53
The market chose to look forward rather than back with the fintech, and it didn't like what it saw. nCino's (NCNO 1.53%) top news item over the past few stock trading sessions was its second quarter of fiscal 2025 results. While the fintech's trailing numbers looked decent when matched against analyst projections, there were concerns about its guidance. Those concerns resulted in a sell-off, to the point where as of Friday before market open the stock's price was heading south by nearly 14% week to date. Th ...