Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why Doximity Stock Is Surging Today

TheMotleyFool

0 0

Here's Why Doximity Stock Is Surging TodayPhoto, wide shot, wide-angle lens, Biotech company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/80e18bfd-1ff8-4487-af62-1cdb7de1ceb6.png

Shares of Doximity (NYSE: DOCS) are on the move after an encouraging fiscal first-quarter earnings report. Investors excited about the niche healthcare networking platform's expanding profit margins drove the stock 21.9% higher as of 1:06 p.m. EDT on Wednesday.

Doximity made its stock market debut just a couple of months ago, so this was its first quarterly earnings report as a publicly traded company. Expectations were high, but the company exceeded them anyway.

Image source: Getty Images.

Source Fool.com

Like: 0

DOCS

Share