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Why Doximity Stock Skyrocketed Higher Today


According to data provided by S&P Global Market Intelligence, the "Bloomberg platform for medical professionals," Doximity (NYSE: DOCS), saw its shares spike 34% as of 11:20 a.m. ET Friday.

The healthcare upstart rocketed past analysts' expectations on both the top and bottom lines and guided for a rosier upcoming quarter than anticipated.

However, a few nuggets hidden in Doximity's earnings call may be the real reason for the market's exuberant reaction today.

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Source Fool.com

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