This has been a newsworthy week in terms of corporate developments in the IT world. Of course for the Ticker Target Hi-Growth Portfolio, the most signal event was the strong, pre-announced results of Alteryx that have driven the shares up about 25%. But there have been some other interesting developments that may be tradeable events…
NCINO
I wrote about the then impending IPO of nCino shares a couple of week ago. At the time, I thought the market cap could be as much as $4.5 billion. Boy was I wrong. While the company sold its shares for $31, the current market has the shares quoted at $82 and they have been…
Summary nCino recently filed its preliminary S-1. The company is the leader in a platform-based, SaaS, offering for the banking industry. Its unique capability is that its solutions all run on a single platform with a 360 degree view and no data silos. The company uses Salesforce as its primary data platform. The company is…