Doximity Doubled, Then Gave Most of It Back. Here’s Why the Market Doesn’t Trust the Rally

For a few hours on August 7, Doximity, Inc. (NYSE:DOCS) appeared to be the story of the earnings season. The medical-networking platform’s stock more than doubled overnight following its fiscal first-quarter report, with CEO Jeffrey Tangney mentioning a metric that piqued traders’ interest: the company’s new AI Search product, he claimed on the results call, […]