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Stock impact report

DOCS Investors Have Opportunity to Lead Doximity, Inc. Securities Fraud Lawsuit

Doximity, Inc. Class A (DOCS) 
Company Research Source: PR Newswire
BENSALEM, Pa., May 7, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Doximity, Inc. ("Doximity" or the "Company") (NYSE: DOCS).Class Period: February 9, 2022 – April 1, 2024Lead Plaintiff Deadline: June 17, 2024Investors suffering losses on their Doximity investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout the Class Period, Defendants: (1) repeatedly touted the Company's business prospects and the sustainability of the Company's revenue growth and profitability, while downplaying the impact of competition and tightening macroeconomic conditions on the Company and Doximity's reliance on "upselling" products and services (such as additional advertising) to existing customers to sustai Show less Read more
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