ATLANTA, April 19, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Doximity, Inc. ("Doximity" or the "Company") (NYSE:DOCS). The lawsuit alleges that the Defendants mislead investors about the Company's business and operations by repeatedly touting Doximity's business prospects and the sustainability of the Company's revenue growth and profitability, while downplaying the impact of competition and tightening macroeconomic conditions and Doximity's reliance on "upselling" products and services (such as additional advertising) to existing customers.
If you ...
DOCS) Investors – Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com