Shares of nCino, which develops a cloud-based operating system for financial institutions, surged 195%+ on first day of trading after raising ~$249M in IPO (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron's Online:
Shares of nCino, which develops a cloud-based operating system for financial institutions, surged 195%+ on first day of trading after raising ~$249M in IPO  —  NCino, which provides cloud-based software for financial institutions, saw its stock surge more than 150% in its first day of trading.