Why Doximity Stock Is Plummeting Today
Shares of the leading digital platform for U.S. medical professionals, Doximity (NYSE: DOCS), were down 14% as of noon ET Friday, according to data provided by S&P Global Market Intelligence.
Doximity wrapped up its fiscal 2025 on Friday, delivering revenue and free cash flow (FCF) growth of 20% and 50%, respectively, during the year. These results rocketed past analysts' expectations.
However, management's guidance for 10% sales growth in 2026 was shy of the market's hopes, prompting today's sell-off.
Source Fool.com
