The crisis that has roiled regional banks spread to another software company on Wednesday.
Shares of cloud-software company nCino Inc. NCNO, which focuses on the financial sector, plunged more than 10% in after-hours trading Wednesday, after executives reduced their annual revenue forecast and guided for quarterly sales lower than Wall Street expected. The move follows a big downturn for Tenable Holdings Inc. TENB earlier this earnings season, which was blamed on banks holding off on spending as they ensure they won’t become…
