Why Doximity Stock Plummeted 26% in December
Shares of doctor-focused social networking company Doximity (NASDAQ: DOCS) plunged 26% in December, according to data provided by S&P Global Market Intelligence. There wasn't any specific news this month leading to the decline, but it follows months of a price decrease as the stock ballooned after its initial public offering (IPO) in June and its valuation skyrocketed. Doximity operates a digital networking platform for physicians.