BOSTON, April 18, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed against Doximity, Inc. (NYSE:DOCS) for securities law violations. Investors who purchased shares and have lost money are encouraged to contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/docs.
What is this all about?
On April 1, Jehoshaphat Research issued a report alleging issues at Doximity, Inc. Jehoshaphat "believe[s] Doximity's underlying sales, contrary to the Street's expectations for double-digit growth, are declining at a negative -3-6% rate, but that this decline has been masked through accelerated revenue recognition." Shares of Doximity, Inc. dropped more than ...