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Doximity shares soar over 70% in after-hours trading on Thursday following strong Q1 earnings and optimistic full-year outlook.

ResultsRead the original at benzinga.com
Neutral

Doximity reported better-than-expected revenue and raised its full-year guidance, leading to a 72% increase in stock price after hours.

DOCS · Doximity Inc

AI read · Neutral

The AI's read

DOCS beat revenue and raised full-year guidance, sending shares much higher after hours. The quarter showed strong prescriber growth and AI engagement gains. The market already priced a huge move — stock jumped ~66% after the print. That makes incremental upside limited and raises short-term volatility. We lean neutral on the immediate setup. Big gap moves inside a consolidating market increase whipsaw risk and favor waiting for digestion or follow-up proof of monetization.

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