- Doximity was listed on the NYSE on June 24, 2021, and its last traded price as of July 12, 2021 is still close to double that of its IPO price.
- Doximity is a leader in the healthcare professional social networking market in the country, and its management team has had relevant experience in the digital healthcare space.
- While I like Doximity as the leading player in a growing market, competition remains a key risk factor and the company's shares are priced for perfection.
For further details see:
Doximity Stock: Should You Buy This Recent IPO? The Key Is Competition