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Here's Why Doximity Stock Is Surging Today

·2 min read
Here's Why Doximity Stock Is Surging Today
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Shares of Doximity (NYSE: DOCS) are on the move after an encouraging fiscal first-quarter earnings report. 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. For the entire fiscal year, Doximity expects adjusted earnings before interest, taxes, depreciation, and amortization, or EBITDA, to land in a range between $106 million and $109 million.