What happened Shares of nCino, Inc. (NASDAQ: NCNO), a financial technology company, tumbled 14.3% in September, according to data provided by S&P Global Market Intelligence, as technology stocks in the broader market took a hit at the beginning of the month. So what nCino has only been a publicly traded company since mid-July. Ever since it went public, the company's share price has experienced some wild swings. For example, on the company's first day of trading, nCino's stock spiked more than 150%. nCino's shares climbed higher leading up to September, but tech investors were ready to take the gains that stocks had made in the previous months and sold off some of their shares. Image source: Getty Images. nCino's stock took a hit as a result and fell last month along with many other tech companies' stocks. The company's share price bounced back up slightly when nCino released its second-quarter fiscal 2021 results in which its sales increased 52% from the year-ago quarter. The company also narrowed its non-generally accepted accounting principles (GAAP) earnings per share loss to $0.01, up from a loss of $0.08 per share in the second quarter of fiscal 2020. But the company's second-quarter results weren't enough to push nCino's stock into positive territory in September. Now what Unfortunately for its investors, nCino's stock has continued to fall in the first few days of October. Shares are down more than 10% so far this month, and they fell most recently on news that the company is offering 5.5 million shares of common stock. nCino is still a new publicly traded company, which can often bring volatility to its share price, and with the U.S. still in the middle of a pandemic and recession, investors could likely experience more instability from nCino stock in the coming months. 10 stocks we like better than nCino, Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and nCino, Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of September 24, 2020 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source